Bar on Prabhudas Lilladher stayed

The Securities Appellate Tribunal (SAT) has stayed an enquiry order issued by the Securities and Exchange Board of India (Sebi) that had barred Prabhudas Lilladher from taking on any new business for seven days over rule breaches.

- APOORVA AJITH

"Having regard to the fact that debarment is for seven days, which can be imposed later if the appeal is dismissed, we direct that the order shall remain stayed," read the tribu