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1 Jus Corpus L.J. 458 (2020-2021)
Insider Trading: A Reality of Indian Security Market

handle is hein.journals/juscrp1 and id is 1476 raw text is: Jus Corpus Law Journal
Open Access Law Journal - Copyright © 2021 - ISSN 2582-7820
Editor-in-Chief - Prof. (Dr.) Rhishikesh Dave; Publisher - Ayush Pandey
This is an Open Access article distributed under the terms of the Creative Commons Attribution-
Non-Commercial-Share Alike 4.0 International (CC-BY-NC-SA 4.0) License, which permits
unrestricted non-commercial use, distribution, and reproduction in any medium, provided the
original work is properly cited.
Insider Trading: A Reality of Indian Security Market
Shweta GautamaArya Sharmab
aDr. Ram Manohar Lohiya National Law University, Lucknow, India bHidayatullah National Law University,
Raipur
Received 21 July 2021; Accepted 14 August 2021; Published 17 August 2021
Insider trading is a vey conspicuous crime these days, this article reviews what insider trading is and its regulations in India.
The article also examines laws regulating Insider trading in India i.e. SEBI (Securities and exchange board act), Companies
Act 2013. Moving further this research also examines some landmark cases like Hindustan Lever Limited v. SEBI and
many more. Then paper takes a look at preventive means and obligations of a company, which SEBI has mentioned in
Prohibition of Insider trading Regulation, 2015. The research further tells about the regulation on insider trading is efective or
no because the data shoiws insider trading cases are rising year by year and maybe the SEBI must change the iavy of
investigation. Finally, the research concludes the Article by giving not only some appreciation to the Indian government for
enacting prohibition of insider regulation but also some suggestions to bring some changes to curb these loopholes in regulation.
Keywords: insider trading SEBI securities market, regulations.
INTRODUCTION
The security market is just like any other market with the main function of buying and selling.
The major difference is that it is a market where the trading is done in terms of securities.
Securities are fungible and negotiable financial instruments that have legal standing. They are
issued by either a company or the government itself. There are different types of securities
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