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Sebi slashes pending case load in FY23
Mint Mumbai
|August 08, 2023
The Securities and Exchange Board of India (Sebi) significantly reduced the number of pending cases in FY23 as the regulator focused on resolving long pending litigation, according to the annual report of the markets regulator
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The total number of cases pending before various adjudication officers of Sebi fell to 1,950 in FY23 from 6,924 in FY22, data showed. This reduction in number of pending cases is largely due to a single batch of cases involving trading in illiquid stock options where Sebi had initiated proceedings against more than 13,000 cases. In FY23, Sebi disposed 11,824-cases against 546 cases in the previous year.
Cette histoire est tirée de l'édition August 08, 2023 de Mint Mumbai.
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