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...Reproduced with permission from world securities law report null copyright by the bureau of national affairs inc http www bna com volume number february india investigative and sanctioning powers to enable sebi commits individual prison fulll its role purpose as an effective using newly introduced statutory market regulator under section a where person has failed inter alia pay penalty or comply any directions may recover proceeds aditya shukla sahil kanuga vyapak desai that one more following modes nishith associates mumbai attachment sale persons movable property bank accounts attach thesecurities exchange board ment immovable in order issued december committed arrest his detention defaulter mr vinod hingorani civil im appointing receiver for management prisonment period six months until properties duesarepaid fordefaulting on payment monetary imposed him past said was non executive chairman facts instant case adam comsof limited kolar biotech involved whom exercised this authority r...