12 August 2024


News

SEBI Fines IL&FS Securities, Alliance and Others for Alleged Fraudulent Transfer of Mutual Funds - 05.07.2021

Securities and Exchange Board of India has imposed penalties totalling more than Rs 32 Crores on IL&FS Securities Services (ISSL), Allied Financial Services (AFSPL) and three individuals for lapses in connection with alleged fraudulent transfer of mutual fund units of three companies. Besides, the watchdog has passed various directions against them.

Tags : Securities and Exchange Board of India IL&FS Securities Alliance

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