On 22nd May, 2019, the Securities Appellate Tribunal directed the National Stock Exchange of India Ltd (NSE) to transfer Rs. 625 crore to the Securities and Exchange Board of India (SEBI) within two weeks. The amount is to be transferred to an escrow account as directed by the SEBI as per its interim order dated September, 2016. While hearing the appeal filed by
the exchange on 21.05.2019, the tribunal stated that the amount would be kept in an interest bearing account till the matter was disposed while giving the capital market supervisory six weeks’ time to file its reply
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