{"id":256695,"date":"2021-11-03T13:00:40","date_gmt":"2021-11-03T07:30:40","guid":{"rendered":"https:\/\/www.scconline.com\/blog\/?p=256695"},"modified":"2021-11-03T09:33:43","modified_gmt":"2021-11-03T04:03:43","slug":"sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/","title":{"rendered":"SEBI | Assuring profits in a market already subjected to risk- Debarred from the market for subjecting others to risk"},"content":{"rendered":"<p style=\"text-align: justify;\"><strong>Securities and Exchange Board of India (SEBI):<\/strong> G. Mahalingam, Whole Time Member, while deciding an order was of the opinion that the Noticee, Samrat Trader and its proprietor Altamash Sheikh did not act honestly, fairly and in the best interests of its clients and in the interest of integrity of the market. The Noticee was actively involved in assuring benefits in investments, which is an area that is already subjected to market risks. Therefore, for making false statements, and thereby misleading SEBI, the Tribunal prohibited the Noticee from accessing the securities market for a period of four years.<\/p>\n<p style=\"text-align: justify;\">In the instant matter, Noticee was a proprietor of Samrat Traders and a partner of Proficient Research, and was alleged to have obtained the registration certificate for carrying out investment advisory activities from SEBI, by giving false information, and thereby misleading SEBI. It was further alleged that Noticee guaranteed assured returns to his clients and offered various products\/packages to prospective clients through misleading statements and false information.<\/p>\n<p style=\"text-align: justify;\">Pursuant to the complaints received by SEBI and the available evidences (through emails and chats) an Interim order was passed against the Noticee for the alleged violations of the provisions of the SEBI Act, 1992 and Securities and Exchange Board of India (Prohibition of Fraudulent; Unfair Trade Practices relating to Securities Market) Regulations, 2003 and Securities and Exchange Board of India (Investment Advisers) Regulations, 2013, and was ordered to cease and desist from acting as an investment adviser, and solicit such advisory or any act that directly or indirectly pertained to the same. And not to divert any money made from those investors.<\/p>\n<p style=\"text-align: justify;\">Notably, complaints were received on SEBI\u2019s SCORES Portal against Samrat Trades during the period August 2018 to March 2019. Where one of the complainant paid Rs. 3,64,806 in 13 trenches between August 17, 2018 to October 29, 2018. The complainant received calls many subsequent calls from the same person of the Company, asking for money to be paid for different plans that she offered at every single call. And even assured profits, while the complainant only incurred losses.<\/p>\n<p style=\"text-align: justify;\">The Tribunal after considering the relevant documents and statements made by the parties, observed that the Noticee, \u00a0(proprietor and partner) is one and the same person who not only assured unrealistic returns but also misled SEBI by giving false information, thereby has failed in terms of reputation and honesty and had violated the provisions of the SEBI Act, 1992 (\u201cSEBI Act\u201d) and Securities and Exchange Board of India (Prohibition of Fraudulent; Unfair Trade Practices relating to Securities Market) Regulations, 2003 (\u201cPFUTP Regulations\u201d) and Securities and Exchange Board of India (Investment Advisers) Regulations, 2013 ( \u201cIA Regulations\u201d), section 12(1) of SEBI Act read with Regulations 3(1) of the IA Regulations, Clause 1 of Code of Conduct for Investment Adviser read with regulation 15(9) of IA Regulations.<\/p>\n<p style=\"text-align: justify;\">It further noted that,<\/p>\n<p style=\"text-align: justify;\"><em>\u201cInvestments in securities markets are subject to risks and hence the returns are unpredictable. Therefore guarantee of assured profits by the Noticee in any manner through its plans\/schemes is fraudulent and might have induced the investors to invest in such plans\/schemes\u201d.<\/em><\/p>\n<p style=\"text-align: justify;\">Resultantly, the Noticee was prohibited from any selling or dealing of securities for not less than 4 years, and directed further to resolve all the complaints received from SEBI&#8217;S SCORES and shall be restrained from holding any position with any company or authority registered with SEBI.[Samrat Traders, In re, WTM\/GM\/WRO\/WRO\/14066\/2021-22, decided on- 01-11-2021]<\/p>\n<hr \/>\n<p style=\"text-align: justify;\"><span style=\"color: #993300;\">Agatha Shukla, Editorial Assistant has reported this brief.<\/span><\/p>\n<hr \/>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Securities and Exchange Board of India (SEBI): G. Mahalingam, Whole Time Member, while deciding an order was of the opinion that the <\/p>\n","protected":false},"author":67011,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,11],"tags":[],"class_list":["post-256695","post","type-post","status-publish","format-standard","hentry","category-casebriefs","category-tribunals_commissions_regulatorybodies"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.4 (Yoast SEO v26.4) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>SEBI | Assuring profits in a market already subjected to risk- Debarred from the market for subjecting others to risk | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SEBI | Assuring profits in a market already subjected to risk- Debarred from the market for subjecting others to risk\" \/>\n<meta property=\"og:description\" content=\"Securities and Exchange Board of India (SEBI): G. Mahalingam, Whole Time Member, while deciding an order was of the opinion that the\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/\" \/>\n<meta property=\"og:site_name\" content=\"SCC Times\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/scc.online\/\" \/>\n<meta property=\"article:published_time\" content=\"2021-11-03T07:30:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/03\/SEBI1.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1330\" \/>\n\t<meta property=\"og:image:height\" content=\"887\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/\",\"url\":\"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/\",\"name\":\"SEBI | Assuring profits in a market already subjected to risk- Debarred from the market for subjecting others to risk | SCC Times\",\"isPartOf\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\"},\"datePublished\":\"2021-11-03T07:30:40+00:00\",\"author\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.scconline.com\/blog\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"SEBI | Assuring profits in a market already subjected to risk- Debarred from the market for subjecting others to risk\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#website\",\"url\":\"https:\/\/www.scconline.com\/blog\/\",\"name\":\"SCC Times\",\"description\":\"Bringing you the Best Analytical Legal News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.scconline.com\/blog\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe\",\"name\":\"Editor\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g\",\"caption\":\"Editor\"},\"url\":\"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"SEBI | Assuring profits in a market already subjected to risk- Debarred from the market for subjecting others to risk | SCC Times","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/","og_locale":"en_US","og_type":"article","og_title":"SEBI | Assuring profits in a market already subjected to risk- Debarred from the market for subjecting others to risk","og_description":"Securities and Exchange Board of India (SEBI): G. Mahalingam, Whole Time Member, while deciding an order was of the opinion that the","og_url":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/","og_site_name":"SCC Times","article_publisher":"https:\/\/www.facebook.com\/scc.online\/","article_published_time":"2021-11-03T07:30:40+00:00","og_image":[{"width":1330,"height":887,"url":"https:\/\/www.scconline.com\/blog\/wp-content\/uploads\/2019\/03\/SEBI1.jpg","type":"image\/jpeg"}],"author":"Editor","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Editor","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/","url":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/","name":"SEBI | Assuring profits in a market already subjected to risk- Debarred from the market for subjecting others to risk | SCC Times","isPartOf":{"@id":"https:\/\/www.scconline.com\/blog\/#website"},"datePublished":"2021-11-03T07:30:40+00:00","author":{"@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe"},"breadcrumb":{"@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/03\/sebi-assuring-profits-in-a-market-already-subjected-to-risk-debarred-from-the-market-for-subjecting-others-to-risk\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.scconline.com\/blog\/"},{"@type":"ListItem","position":2,"name":"SEBI | Assuring profits in a market already subjected to risk- Debarred from the market for subjecting others to risk"}]},{"@type":"WebSite","@id":"https:\/\/www.scconline.com\/blog\/#website","url":"https:\/\/www.scconline.com\/blog\/","name":"SCC Times","description":"Bringing you the Best Analytical Legal News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.scconline.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/84e42bab48238baf12c7e33b3d9761fe","name":"Editor","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.scconline.com\/blog\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/34e366be721c41333586de05faa13743195f5b142dcd7a015c6fabd2389521d0?s=96&d=mm&r=g","caption":"Editor"},"url":"https:\/\/www.scconline.com\/blog\/post\/author\/editor_4\/"}]}},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":362114,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/09\/30\/sebi-on-partners-liability-in-partnership-firm\/","url_meta":{"origin":256695,"position":0},"title":"All partners have unlimited liability for acts of partnership firm irrespective of their role or profit share: SEBI","author":"Nikita","date":"September 30, 2025","format":false,"excerpt":"With respect to noticee\u2019s liability as a partner, the noticee submitted that she resigned within short span of time and did not receive any remuneration or profit from the firm. Further, she was not a part of decisions or involved in day-to-day affairs of the firm.","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"partners liability in partnership firm","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/partners-liability-in-partnership-firm.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/partners-liability-in-partnership-firm.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/partners-liability-in-partnership-firm.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/09\/partners-liability-in-partnership-firm.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":253595,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/09\/03\/investment-advisory\/","url_meta":{"origin":256695,"position":1},"title":"SEBI | Duping investment advisory, non-co-operation in inspection, blaming undocumented employees, request to de-freeze account with Rs 1,298 | Convoluted statements and demands- Affirms Interim Order","author":"Editor","date":"September 3, 2021","format":false,"excerpt":"Securities Exchange Board of India (SEBI): Madhabi Puri Bach, Whole Time Member, while affirming ex-parte ad Interim Order on not finding any justifiable reason to revoke or modify the directions against the Noticee held her liable for various provisions of the SEBI Act, the IA Regulations and the PFUTP Regulations.\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":253274,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/08\/26\/investors\/","url_meta":{"origin":256695,"position":2},"title":"SEBI | On not finding any justifiable reason to revoke interim ex-parte order, continues to stand&#8211;Protects the interests of investors","author":"Editor","date":"August 26, 2021","format":false,"excerpt":"Securities and Exchange Board of India (Sebi): Madhabi Puri Bach, Whole Time Member, on not finding any justifiable reason to revoke or modify the directions issued against the Noticee concluded that the findings in the interim order continue to stand at prima facie level, was of the opinion that the\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":355577,"url":"https:\/\/www.scconline.com\/blog\/post\/2025\/08\/04\/sebi-fines-trader-10lakh-for-insider-trading-during-hdfc-merger\/","url_meta":{"origin":256695,"position":3},"title":"SEBI hits Trader with Rs 10 lakh penalty for insider trading in HDFC-HDFC Bank merger","author":"Editor","date":"August 4, 2025","format":false,"excerpt":"\u201cIf the Unpublished Price Sensitive Information had not been disclosed on the day the prices moved up phenomenally, the Noticee would have undoubtedly lost the premium it paid for the purchase of call options in the scrips of HDFC Ltd. and HDFC Bank Ltd.\u201d","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/blog-1-70.webp?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/blog-1-70.webp?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/blog-1-70.webp?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2025\/08\/blog-1-70.webp?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":255111,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/10\/04\/sebi-monotonous-modus-operandi-modulated-endgame-issue-of-gdr-artificial-arrangement-supported-by-the-subscribing-company-itself-restrained-and-to-disgorge\/","url_meta":{"origin":256695,"position":4},"title":"SEBI| Monotonous modus operandi, modulated endgame |Issue of GDR, artificial arrangement, supported by the subscribing Company itself-Restrained and to disgorge","author":"Editor","date":"October 4, 2021","format":false,"excerpt":"Securities and Exchange Board of India (SEBI)-G Mahalingam, Whole Time Member, in a detailed 95 paged order, while disposing off the proceedings against Noticee 1 without any directions, considering the order for winding up of the Company by the High Court of Calcutta, issued directions for Noticee 1 in case\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2021\/08\/MicrosoftTeams-image-135.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":200641,"url":"https:\/\/www.scconline.com\/blog\/post\/2018\/08\/26\/in-actions-seeking-relief-personal-to-the-deceased-right-to-sue-does-not-survive-against-his-representatives-inquiry-against-deceased-noticee-abated-sebi\/","url_meta":{"origin":256695,"position":5},"title":"In actions seeking relief personal to the deceased, right to sue does not survive against his representatives; inquiry against deceased noticee abated: SEBI","author":"Bhumika Indulia","date":"August 26, 2018","format":false,"excerpt":"Securities and Exchange Board of India (SEBI): A single member bench comprising of Satya Ranjan Prasad, Adjudicating Officer ordered to abate the adjudication proceedings initiated against the noticee, since deceased. The SEBI had initiated adjudication proceedings against the noticee - Prabir Chakravarti, Member of Board of Directors of Bhoruka Aluminum\u2026","rel":"","context":"In &quot;Case Briefs&quot;","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/256695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/67011"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=256695"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/256695\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=256695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=256695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=256695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}