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    <title>2014 (1) TMI 1659 - SECURITIES APPELLATE TRIBUNAL MUMBAI</title>
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    <description>The appeal was filed challenging SEBI&#039;s order attaching bank accounts to recover amounts under a disgorgement order. The appellants were directed to disgorge an unlawful gain with interest. The Tribunal upheld the disgorgement order, leading to the attachment of bank accounts. The appellants disputed the liability to pay interest on the disgorgement amount, with SEBI demanding interest until a specified payment was made. The Tribunal deliberated on the interest liability and lifted attachment on certain bank accounts while directing the attachment of shares in a demat account. The appellants were allowed to apply for lifting additional debarment imposed by SEBI.</description>
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    <pubDate>Fri, 17 Jan 2014 00:00:00 +0530</pubDate>
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      <title>2014 (1) TMI 1659 - SECURITIES APPELLATE TRIBUNAL MUMBAI</title>
      <link>https://www.taxtmi.com/caselaws?id=171184</link>
      <description>The appeal was filed challenging SEBI&#039;s order attaching bank accounts to recover amounts under a disgorgement order. The appellants were directed to disgorge an unlawful gain with interest. The Tribunal upheld the disgorgement order, leading to the attachment of bank accounts. The appellants disputed the liability to pay interest on the disgorgement amount, with SEBI demanding interest until a specified payment was made. The Tribunal deliberated on the interest liability and lifted attachment on certain bank accounts while directing the attachment of shares in a demat account. The appellants were allowed to apply for lifting additional debarment imposed by SEBI.</description>
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      <pubDate>Fri, 17 Jan 2014 00:00:00 +0530</pubDate>
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