PVR matter: Individual pays Rs 31 lakh for settlement with Sebi
Under the settlement order, an alleged wrongdoer pays money to Securities and Exchange Board of India (Sebi) to settle the case without admitting or denying the violation..The adjudication proceedings initiated against the applicant viz Kamal Gianchandani under the … SCN (show cause notice) dated September 9, 2021 are hereby disposed of,” Sebi said in a settlement order on Thursday.
