News From Press Sebi imposes 3-year ban on Vijay Mallya for illegal fund diversions

Sebi imposes 3-year ban on Vijay Mallya for illegal fund diversions

Source: Economic Times Jun 4, 2018

The Securities and Exchange Board of India (SEBI) has barred Vijay Mallya from accessing the securities market for three years and holding any position as director or key managerial person of a listed company for five years for his involvement in fraud.

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