https://www.taxtmi.com/caselaws?id=389594 The court found KSBL in violation of SEBI regulations by misusing client securities, unauthorized pledging of funds, transferring securities without authorization, and transferring funds to a group company. As a result, SEBI issued an ex parte ad interim order prohibiting KSBL from taking new clients and directed depositories not to act on instructions from KSBL. Regulatory measures were implemented to prevent further misconduct, and disciplinary proceedings were initiated against KSBL for the violations. KSBL was given 21 days to respond to the order. en-us Fri, 22 Nov 2019 00:00:00 +0530 Thu, 12 Dec 2019 12:00:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389594 The court found KSBL in violation of SEBI regulations by misusing client securities, unauthorized pledging of funds, transferring securities without authorization, and transferring funds to a group company. As a result, SEBI issued an ex parte ad interim order prohibiting KSBL from taking new clients and directed depositories not to act on instructions from KSBL. Regulatory measures were implemented to prevent further misconduct, and disciplinary proceedings were initiated against KSBL for the violations. KSBL was given 21 days to respond to the order. Case-Laws SEBI Fri, 22 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389594