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SEBI Order in Favor of Econo Broking: Freeze Lifted
New Delhi (India), October 17: In a noteworthy development, SEBI (Securities and Exchange Board of India) has taken a favorable stance in the ongoing Econo Broking case. SEBI’s recent order, dated October 13, 2023, has led to the lifting of the freeze on certain bank and demat accounts associated with Econo Broking. Econo Broking, a […]
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“SEBI Order in Favor of Econo Broking: Freeze Lifted”
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17 Oct 2023
New Delhi (India), October 17: In a noteworthy development, SEBI (Securities and Exchange Board of India) has taken a favorable stance in the ongoing Econo Broking case. SEBI’s recent order, dated October 13, 2023, has led to the lifting of the freeze on certain bank and demat accounts associated with Econo Broking.
Econo Broking, a prominent stockbroker and Depository Participant, had been facing challenges since an interim order was issued on June 19, 2023, following allegations related to securities market manipulation.
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