Possession of UPSI may raise presumption -but the presumption is rebuttable

Holding UPSI and trading does not always tell the complete story.

The presumption under Regulation 4(1) of SEBI PIT Regulations may arise—but it is rebuttable.

What circumstances can help rebut that presumption? And why could documenting the purpose and necessity of a transaction become as important as the transaction itself?

Our latest MMJC Update explores the key takeaways and the evolving jurisprudence around insider trading.

Swipe through the link to understand the key points – Link.