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SEBI issues 154 attachment notices to recover Rs 1,545 cr

SEBI is in the process of ascertaining the amounts available in the bank accounts held by the respective defaulter

January 01, 1970 5:30 IST | India Infoline News Service
Market regulator SEBI (Securities and Exchange Board of India) has issued 154 attachment notices till date for recovering more than Rs 1,545 crore from various defaulters.

SEBI has been armed with more powers with the Securities Laws (Amendment) Ordinance, 2013.

After the ordinance, SEBI on Thursday said it has "154 attachment notices towards recovery of Rs 1,545.19 crore from various defaulters."

SEBI is in the process of ascertaining the amounts available in the bank accounts held by the respective defaulter, it added.

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