Securities Appellate Tribunal Quashes SEBI’s Fine of Rs 25 Crore on Mukesh Ambani, Anil Ambani, and Others
The Securities Appellate Tribunal (SAT) has overturned the Securities and Exchange Board of India’s (SEBI) imposition of a hefty fine of Rs 25 crore on business tycoons Mukesh Ambani, Anil Ambani, and several other individuals. The tribunal’s verdict brings relief to the prominent business leaders who were embroiled in a legal battle with the regulatory…
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