Reviewed case brief

Hindustan Lever Ltd v SEBI

SAT Appeal No.15/2001 (originally 1998 SEBI order)

SAT Appeal No.15/2001 · Securities Appellate Tribunal / SEBI

insider-tradingUPSIcompany-as-insidermergerSEBI
Court
Securities Appellate Tribunal / SEBI
Year
1998
Subjects
Company Law
Reviewed
2026-08-02

Rule established

A company can be an 'insider' if its officers possess UPSI; company's trade is attributed to those officers' knowledge; merger information is classic UPSI

Facts

    Issues

      Held

        Ratio decidendi

        How to use it in an exam

        Editorial source

        SAT Appeal No.15/2001 (originally 1998 SEBI order)

        Educational summary only. Read the reported judgment or an authorised law report before relying on the case professionally.