Supreme Court says SEBI can recover interest on penalties from date of order

The Supreme Court has affirmed that SEBI (Securities and Exchange Board of India) can recover interest on penalties from the date of the adjudication order, even if the original order does not expressly provide for interest. The court clarified that statutory dues not paid within the prescribed time automatically attract statutory interest. This ruling reinforces SEBI's powers to enforce penalties effectively and ensures that individuals and entities do not benefit from delaying payments, promoting greater compliance in the securities market.