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SAT & Court Rulings

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SAT & Court Rulings

Supreme Court Shuts the Door on the "Legitimate Purpose" Defense in Insider Trading

Primary source: Securities and Exchange Board of India v. Rajeev Vasant Sheth & Ors., 2026 INSC 826, Civil Appeal No. 4905 of 2022, Supreme Court of India (Karol & Kotiswar Singh, JJ.), decided 11 August 2026 — full judgment text. Why this matters For two decades, respondents accused of insider trading
24 Sep 2026 6 min read
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