"Sebi has made the independent directors Priya Saraf and Pradeep Kumar Saraogi prima facie guilty as their physical computer systems were used for trading. If found guilty, they should be made personally liable," said Tushar Ajinkya, managing partner at ThinkLaw, a Mumbai-based law firm.
Emails sent to Salasar Stock Broking's directors (Kiran Kumar Sonthalia and Shyam Saraogi), Rachit Poddar and Anirudh Damani did not elicit a response.
ARE REFERRALS WRONG?
Was the agreement between SCPL and Motilal/Nuvama wrong? This question arises as Sebi has called the ₹8.06 crore and ₹19 crore commission income earned by Salgaocar from Motilal and Nuvama, respectively, "unlawful gain".
Denne historien er fra January 06, 2025-utgaven av Mint New Delhi.
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Denne historien er fra January 06, 2025-utgaven av Mint New Delhi.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
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