Tag: Sebis
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SAT Upholds Sebi’s Ban on Prabhudas Lilladher from New Enterprise Actions
The Securities Appellate Tribunal (SAT) has stayed an enquiry order issued by the Securities and Alternate Board of India (Sebi) that had barred Prabhudas Lilladher from taking up any new enterprise for seven days over rule breaches. “Having regard to the truth that debarment is for seven days, which will be imposed later if the…