Mallya barred from markets for three more years: Sebi
Saturday - June 2, 2018 12:06 am ,
Category : BUSINESS
Mallya barred from markets for three more years: Sebi
New Delhi June 2 (IANS) Market regulator Securities and Exchange Board of India (Sebi) on Friday ordered that absconding business tycoon Vijay Mallya shall continue to be restrained from accessing the securities market for a further three years.
According to a Sebi order in "the matter of fund diversions and or improper transactions in United Spirits" Mallya has also been restrained from holding position "as Director or Key Managerial Person of a listed company for a period of five years".
--IANS rv/vd
According to a Sebi order in "the matter of fund diversions and or improper transactions in United Spirits" Mallya has also been restrained from holding position "as Director or Key Managerial Person of a listed company for a period of five years".
--IANS rv/vd
