Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Economy

Beating drums to sell attached assets? Sebi flags 'outdated' recovery methods

Updated : March 17, 2019 01:10 PM IST

The 'outdated' provisions have caught the eyes of Sebi during a review of recovery powers available to the regulator, which it exercises when someone fails to pay penalties or fees or defaults on regulatory orders.
In consultation with the ministry of finance, the securities market regulator is considering drafting separate recovery rules to recover penalties, fees, disgorgement amount and refund orders made under the Sebi Act, officials said.
Beating drums to sell attached assets? Sebi flags 'outdated' recovery methods
primo org
Have you signed up for Primo, our daily newsletter?
It has all the stories and data on the market, business, economy and tech that you need to know.
cnbc two logos
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more

You May Also Like

Live TV