[1] Anand Thapai, “History & Evolution of Stock Exchanges in India”, Academia, at 12-14, available at - (PDF) Chapter II History & Evolution of Stock Exchanges in India | Anand Thapai - Academia.edu.

[2] ‘SEBI | About SEBI’ <https://www.sebi.gov.in/about-sebi.html> accessed 5 February 2024.

[3] Ibid

[4] ‘SEBI | Securities and Exchange Board of India Act, 1992 (As Amended by the Finance Act, 2021 (13 of 2021) w.e.f. April 1, 2021)’ <https://www.sebi.gov.in/legal/acts/jan-1992/securities-and-exchange-board-of-india-act-1992-as-amended-by-the-finance-act-2021-13-of-2021-w-e-f-april-1-2021-_3.html> accessed 5 February 2024.

[5] ‘SEBI | Securities and Exchange Board of India (Investor Protection and Education Fund) Regulations, 2009 [Last Amended on October 23, 2023]’ <https://www.sebi.gov.in/legal/regulations/oct-2023/securities-and-exchange-board-of-india-investor-protection-and-education-fund-regulations-2009-last-amended-on-october-23-2023-_78920.html> accessed 5 February 2024.

[6] Ibid

[7] SEBI | Securities Contracts (Regulation) Act, 1956 (As Amended by the Finance Act, 2021 (13 of 2021) w.e.f. April 1, 2021)’ <https://www.sebi.gov.in/legal/acts/apr-2021/securities-contracts-regulation-act-1956-as-amended-by-the-finance-act-2021-13-of-2021-w-e-f-april-1-2021-_49750.html> accessed 5 February 2024.

[8] ‘SEBI | Securities Contracts (Regulation) Act, 1956 (As Amended by the Finance Act, 2021 (13 of 2021) w.e.f. April 1, 2021)’ <https://www.sebi.gov.in/legal/acts/apr-2021/securities-contracts-regulation-act-1956-as-amended-by-the-finance-act-2021-13-of-2021-w-e-f-april-1-2021-_49750.html> accessed 5 February 2024.

[9] C.P. Chandersekhar, Sarat Malik and Akriti, “The elusive retail investors: How deep can (and should) India’s stock markets be?” SEBI DRG study, < elusiveretailinvestor.pdf (sebi.gov.in)> accessed 5 February 2024

[10] Ibid

[11] Supra n. 1

[12] ‘History and Milestones’ <https://www.bseindia.com/static/about/History_Milestones.html> accessed 9 March 2024.

[13] Companies Act, 2013, available at <https://www.mca.gov.in/content/mca/global/en/acts-rules/ebooks/acts.html?act=NTk2MQ==> accessed 9 March 2024.

[14] Ibid at S. 194

[15] ‘SEBI | Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 [Last Amended on November 24, 2022’ <https://www.sebi.gov.in/legal/regulations/nov-2022/securities-and-exchange-board-of-india-prohibition-of-insider-trading-regulations-2015-last-amended-on-november-24-2022_65864.html> accessed 9 March 2024.

[16] Reg 2(d) of PIT Regulations, 2015

[17] Mr Neeraj Jain v SEBI, AO Order No. PB/AO-16/2011

[18] Reg 2(g) of PIT Regulations, 2015

[19] SEBI v Reliance Industries Ltd, [2004] 63 CLA 252 (SAT - Mumbai)/[2004] 55 SCL 81 (SAT - Mumbai)[31-08-2004]

[20] Reg 2(l) of PIT Regulations, 2015

[21] Reg 2(n) of PIT Regulations, 2015

[22] Cha II of PIT Regulation 2015

[23] Reg 3 of PIT Regulations, 2015.

[24] Mr. Naval Chaudhary v SEBI, AO Order No. PB/AO-15/2011

[25] Reg 3(3) of PIT Regulations, 2015

[26] Reg 3(4) of PIT Regulations, 2015

[27] Reg 4 of PIT Regulations, 2015

[28] Reg 5 of PIT Regulations, 2015.

[29] Ibid

[30] ‘SEBI | Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015 [Last Amended on November 24, 2022’ <https://www.sebi.gov.in/legal/regulations/nov-2022/securities-and-exchange-board-of-india-prohibition-of-insider-trading-regulations-2015-last-amended-on-november-24-2022_65864.html> accessed 9 March 2024.

[31] Reg 6 of PIT Regulations, 2015

[32] Reg 7 of PIT Regulations, 2015

[33] Reg 8 of PIT Regulations, 2015

[34] Reg 9A of PIT Regulations, 2015

[35] ‘SEBI | Order in the Matter of Reliance Petroleum Limited <https://www.sebi.gov.in/enforcement/orders/mar-2017/order-in-the-matter-of-reliance-petroleum-limited_34432.html> accessed 9 March 2024.

[36] SEBI v Ranish Harebhai, Adjudication Order No . Order/BD/VS/2020 - 21/ 8849

[37] SEBI v Mindtree, Adjudication Order No. Order/PM/PA/2021 - 22/14587

[38] Rakesh Agarwal v SEBI, SAT Appeal No 33 of 2001, SAT Mumbai

[39] Ibid

[40] DSQ Holdings Ltd. v SEBI, 60 SCL 156, 2005, SAT Mumbai

[41] Supra at 30

[42] Supra at 32 Para 6.4.18

[43] ‘SEBI | Adjudication Order in Respect of Parthiv Dalal and Shruti Vora in the Matter of Circulation of UPSI through WhatsApp Messages with Respect to ITC Ltd.’ <https://www.sebi.gov.in/enforcement/orders/oct-2022/adjudication-order-in-respect-of-parthiv-dalal-and-shruti-vora-in-the-matter-of-circulation-of-upsi-through-whatsapp-messages-with-respect-to-itc-ltd-_64514.html> accessed 9 March 2024.

[44] ‘SEBI | In the Matter of Chandrakala Vs AO, SEBI’ <https://www.sebi.gov.in/enforcement/orders/jan-2012/in-the-matter-of-chandrakala-vs-ao-sebi_27299.html> accessed 9 March 2024.

[45] Balram Garg v. SEBI, 2022 SCC Online SC 472