In a decisive action on Friday, Sebi announced the cancellation of registration certificates for fifteen investment advisers who neglected to pay their required renewal fees on time. Despite issuing notices in June, the advisers did not respond, leading to the termination of their registrations. It is essential to note that this cancellation does not free them from previous duties and financial responsibilities they owe.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.