Regstreet Law Advisors is pleased to have represented Motilal Oswal Financial Services Ltd. in adjudication proceedings initiated by SEBI under the SEBI Act for imposing monetary penalty under Section 15HB (up to 1 crore), following a thematic inspection in relation to control over authorised persons (APs).
The matter was argued by our Managing Partner Sumit Agrawal, with the able assistance of Kavish Garach, Senior Associate and other members of the Regstreet team.
The development has also been covered by Bar and Bench, amongst others.
Read the full SEBI order here: https://lnkd.in/dXN9kF4Q