https://www.taxtmi.com/caselaws?id=459631 Sealing of business premises may be lifted subject to protective conditions while statutory regulators conduct inquiries; inventory and safe custody of seized materials must be prepared and maintained, copies provided on payment, and assets protected from dissipation. Petitioners are prohibited from new business, advertising, withdrawal or alienation of accounts/assets and must deposit any incoming investor funds into an interest-bearing escrow. Statutory regulators are directed to complete inquiries within eight weeks (subject to extension) and may take lawful action if violations are found; absence of violations requires clearance to resume operations. en-us Fri, 26 Apr 2013 00:00:00 +0530 Fri, 20 Dec 2024 17:54:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=459631 Sealing of business premises may be lifted subject to protective conditions while statutory regulators conduct inquiries; inventory and safe custody of seized materials must be prepared and maintained, copies provided on payment, and assets protected from dissipation. Petitioners are prohibited from new business, advertising, withdrawal or alienation of accounts/assets and must deposit any incoming investor funds into an interest-bearing escrow. Statutory regulators are directed to complete inquiries within eight weeks (subject to extension) and may take lawful action if violations are found; absence of violations requires clearance to resume operations. Case-Laws SEBI Fri, 26 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=459631