(PTI)
Reliance Industries on Wednesday began its arguments against a 2017 Sebi order barring it from the equity derivative market in the Securities Appellate Tribunal, claiming it had done no wrong in the case. The Sebi had barred the company and 12 of its promoter group entities from dealing in equity derivatives.The watchdog had barred the company and the entities for alleged unfair trade practices related to the securities market.
Appearing on behalf of RIL, senior counsel Harish Salve said there is nothing in the law which would prevent the company from undertaking the transactions for which it was acted against by the Sebi.
