SAT REVOKES SUSPENSION ORDER AGAINST RELIANCE SHARE

SAT REVOKES SUSPENSION ORDER AGAINST RELIANCE SHARE

The Securities Appellate Tribunal (SAT) has withdrawn the four-month suspension order against Reliance share and Stock Brokers (RSSB), an Anil Ambani Group firm, on payment of Rs 50 lakh as fine.

The verdict was against a SEBI order that had found the brokerage violating fair business practices.The broking firm had appealed against SEBI, challenging its order.

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