Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SEBI Imposes Rs 11 Lakh Fine On IIFL Securities For Compliance Failures
SEBI imposed a fine of Rs 11 lakh on IIFL Securities for multiple compliance failures, including lapses in maintaining proper records and failure to comply with regulatory requirements. The penalty highlights SEBI's strict enforcement of compliance standards among securities firms. This action serves as a warning to other market participants about the importance of adhering to regulatory obligations to maintain the integrity of the financial markets.