https://www.taxtmi.com/caselaws?id=390267 The appellants were restrained from accessing the securities market for 10 years due to violations of securities laws, including diverting investor funds and failing to segregate funds. Four appellants were directed to refund investors' money with 15% interest per annum. SEBI's actions were deemed fair, rejecting appellants' arguments. The Tribunal upheld the order but remitted the matter to SEBI to specify the liability amount and reconsider the restraint period for one appellant. SEBI was directed to issue fresh orders within three months, addressing concerns and allowing appellants a hearing. en-us Thu, 26 Sep 2019 00:00:00 +0530 Thu, 26 Dec 2019 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=390267 The appellants were restrained from accessing the securities market for 10 years due to violations of securities laws, including diverting investor funds and failing to segregate funds. Four appellants were directed to refund investors' money with 15% interest per annum. SEBI's actions were deemed fair, rejecting appellants' arguments. The Tribunal upheld the order but remitted the matter to SEBI to specify the liability amount and reconsider the restraint period for one appellant. SEBI was directed to issue fresh orders within three months, addressing concerns and allowing appellants a hearing. Case-Laws SEBI Thu, 26 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=390267