SAT refuses to stay SEBI interim order barring Gensol promoters from securities market

SAT directed the markets regulator to pass a final order within four weeks of hearing Gensol.
SEBI and Securities Appellate Tribunal
SEBI and Securities Appellate Tribunal
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The Securities Appellate Tribunal (SAT) on Wednesday refused to stay an interim order that barred Gensol Engineering Limited and its promoter-directors Anmol Singh Jaggi and Puneet Singh Jaggi from accessing the securities market, following allegations of fund diversion, forgery and misleading disclosures.

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