The regulator has also directed ICICI Bank to freeze the bank accounts of both the firms and not to permit any debits or withdrawals, along with not allowing credits to the accounts, till further orders, without the SEBI s permission.Sura
SEBI bars few entities for fraudulently carrying out MF services
By IANS |
Published on
Fri, Feb 12 2021 21:42 IST |
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SEBI.. Image Source: IANS News
Mumbai, Feb 12 : The Securities and Exchange Board of India (SEBI) has barred Shukul Wealth Advisory, along with Shukul Wealth Creator LLP and their associate partners, for carrying out activities of a mutual fund without registration with the market regulator.
The regulator has also directed ICICI Bank to freeze the bank accounts of both the firms and not to permit any debits or withdrawals, along with not allowing credits to the accounts, till further orders, without the SEBI s permission.