Default by company to refund the amount collected under the ...

Case Laws SEBI

December 12, 2019

Default by company to refund the amount collected under the Collective Investment Schemes ("CIS") - officer in default - vicarious liability of a peson who was a director only for 50 days - he was not instrumental in the launching/ sponsoring or carrying on the scheme. - Penalty order quashed.

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Default by company to refund the amount collected under the ...

Case Laws SEBI

December 12, 2019

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