Icici Bank-videocon Loan Case

Cracking quid pm quo relationships

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"when the exchange of tips or confidential information is with a clear understanding of an extended benefit, pecuniary or otherwise, there lies a quid pro quo arrangement. Insider trading conceptually involves taking an unfair advantage of the access one has to confidential and unpublished information,".

Samir Paranjpe
Partner, Grant Thomton India LLP

This article appeared in Business Standard on 15th February, 2019