The penalty has been imposed under depository participant regulations, SEBI said in its adjudication order.
On December 8, 2003 SEBI had appointed an officer to inquire into and adjudge the alleged contravention, it said.
The penalty has been imposed under depository participant regulations, SEBI said in its adjudication order.
On December 8, 2003 SEBI had appointed an officer to inquire into and adjudge the alleged contravention, it said.
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