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Coming down heavily on the Securities and Exchange Board of India (SEBI) for its lackadaisical approach to complying with its order, the Securities Appellate Tribunal (SAT) has imposed a penalty of Rs5 lakh on the market regulator.

Rahulc kirloskarMeera swarupJustice agarwalaJustice tarun agarwalaJyotsnag kirloskarAlpanar kirloskarExchange board of indiaNational securities depository ltdKirloskar brothers ltdKirloskar industries ltdExchange boardSecurities appellate tribunalPune based kirloskarAtulc kirloskarMutual fund returnsAnk fixed deposits