Sebi orders bank accounts attachment in Pyramid Saimira case

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SummaryIt is further ordered with immediate effect that no debit would be made in these accounts

2013, more than 1,300 individuals and companies have defaulted in making the payments towards penalties imposed against them for various offences.

Collectively, these defaulters, which include listed companies, brokers, merchant bankers and others, are required to pay about Rs 120 crore to Sebi.

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