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HomeNewsOpinionSAT's decision on Arshad Warsi case shines spotlight on SEBI's cavalier attitude on restraint orders

SAT's decision on Arshad Warsi case shines spotlight on SEBI's cavalier attitude on restraint orders

Freezing of bank accounts and assets and debarment of persons from securities markets is such a serious restraint on freedom and yet almost routinely done and that too en masse against a group of people without any discrimination or differentiation

The SAT has given some important broad guidelines on how such orders having far reaching implications should be made

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