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SAT DENIES APPEAL AGAINST SEBI ORDER FILED BY NON-AGGRIEVED PARTY

The Securities Appellate Tribunal (SAT) rejected the appeal against the SEBI judgment clearing the Respondents of any insider trading allegations in 63 Moons Technologies Ltd. and Multi Commodity Exchange (MCX) shares, concluding that the appellants cannot in any way be considered “aggrieved people.” While considering whether the appeal is maintainable,

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