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Vijay Mallya: Sebi bars Mallya from accessing securities market for 3 years

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Vijay Mallya: Sebi bars Mallya from accessing securities market for 3 years

Mumbai: The Securities and Exchange Board of India has barred former liquor baron Vijay Mallya from accessing the securities market for three years for routing funds to the Indian capital markets by using his overseas bank accounts with UBS. The regulator has also restrained Mallya from associating with any listed company directly to indirectly for … Read more

Sebi on Vijay Mallya: Sebi bars Vijay Mallya from accessing securities market for 3 years

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Sebi on Vijay Mallya: Sebi bars Vijay Mallya from accessing securities market for 3 years

Capital markets regulator Securities and Exchange Board of India (Sebi) has restrained Vijay Mallya from accessing securities markets for a period of three years. According to the order, Mallya is barred from buying, selling or otherwise dealing in securities, directly or indirectly, or being associated with the securities market in any manner. The once famous … Read more