Capital markets regulator SEBI on Thursday disposed of show-cause notices issued against 22 individuals as the allegation of violation of insider trading rules was not established in Titan Company Ltd (TCL) case. The order came after the Securities Appellate Tribunal (SAT) in its ruling on February 7 had set aside SEBI's order against 22 individuals for violating insider trading norms in the shares of TCL and directed the regulator to pass a fresh order.