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Jane Street puts ₹4,843.6 cr in escrow, to contest Sebi order
Mint Kolkata
|July 15, 2025
Jane Street also asked Sebi to ease certain conditional restrictions after setting up escrow account
The sum has been credited with a lien in Sebi's favour. According to senior securities lawyer Chirag M. Shah, this deposit fulfills the conditions for lifting the trading ban, but leaves all legal contentions open for appeal. "The amount, as directed by Sebi in its interim order, has been paid to fulfill the conditions precedent for lifting the trading ban on Jane Street as per the interim order," Shah explained.
This story is from the July 15, 2025 edition of Mint Kolkata.
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