The order revealed that Rs 61.39 lakh were credited in the accounts of FFSPL between February 2014-2017
The notice came after the entities failed to pay the fine imposed on them by the Securities and Exchange Board of India (SEBI)
The new tax rate will be effective from Monday, the Securities and Exchange Board of India (Sebi) said in a circular
The ruling came after two separate orders of the Securities and Exchange Board of India (SEBI) passed in 2018 were challenged by the six applicants
They have been directed to pay the penalty within 45 days, the Securities and Exchange Board of India (Sebi) said in its order passed on Friday
In addition, they have been asked to disgorge Rs 4.23 crore of unlawful gains made by them, along with an interest of 12 per cent.
