https://www.taxtmi.com/caselaws?id=782256 The AT considered an appeal by an unregistered research analyst found non-compliant with SEBI's refund directions. The AT held that the appellant shall issue a paper publication in two leading newspapers within 30 days, inviting claims from affected investors, and refund amounts to those who respond within three months of receiving any demand. The appellant must thereafter file a compliance report with SEBI. As the original SEBI order contained no direction for deposit, the subsequent deposit direction was set aside. Given the transactions dated 2014-2019, the appellant is permitted to continue his profession and enroll new clients. en-us Thu, 03 Jul 2025 00:00:00 +0530 Thu, 27 Nov 2025 08:36:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782256 The AT considered an appeal by an unregistered research analyst found non-compliant with SEBI's refund directions. The AT held that the appellant shall issue a paper publication in two leading newspapers within 30 days, inviting claims from affected investors, and refund amounts to those who respond within three months of receiving any demand. The appellant must thereafter file a compliance report with SEBI. As the original SEBI order contained no direction for deposit, the subsequent deposit direction was set aside. Given the transactions dated 2014-2019, the appellant is permitted to continue his profession and enroll new clients. Case-Laws SEBI Thu, 03 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782256