The Securities Appellate Tribunal (SAT) overturned Sebi's order that prohibited Rajesh Mokashi, ex-MD of Care Ratings, from engaging with stock market entities for two years due to alleged credit rating manipulation. SAT criticized Sebi's action as a misadventure, causing significant damage to Mokashi's reputation and career. Sebi has been directed to compensate Mokashi ₹5 lakh for the appeal costs.