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    <title>2019 (6) TMI 1386 - SECURITIES APPELLATE TRIBUNAL MUMBAI</title>
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    <description>The case involves the illegal transfer of investments by Allied Financial Services Private Limited to IL&amp;amp;FS Securities Services Limited for clearing trades, leading to unaddressed complaints before SEBI. The appellants sought the honoring of their trades and protection under the SEBI Act. The tribunal emphasized the need to safeguard genuine investors, including the appellants, and directed SEBI to provide clarity on investor rights. The matter was adjourned for further instructions, highlighting the importance of protecting the rights and interests of investors involved.</description>
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      <description>The case involves the illegal transfer of investments by Allied Financial Services Private Limited to IL&amp;amp;FS Securities Services Limited for clearing trades, leading to unaddressed complaints before SEBI. The appellants sought the honoring of their trades and protection under the SEBI Act. The tribunal emphasized the need to safeguard genuine investors, including the appellants, and directed SEBI to provide clarity on investor rights. The matter was adjourned for further instructions, highlighting the importance of protecting the rights and interests of investors involved.</description>
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