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Sebi and the Securities Appellate Tribunal took the view that the widespread handle could possibly be construed as “preponderance of probability” that price-sensitive info might be shared among parties. However, in April, a two-judge bench of the Supreme Court ruled that each Sebi and SAT had erred since they didn’t take into account family disputes. Already, the State Bank of India has filed a case against PC Jewellers in the National Company Law Tribunal, or NCLT. However, in a likely oversight by the folks behind the fraudulent web site, the telephone variety of the genuine web site was not removed…