Besides former apex court judge A.M. Sapre, the other members of the panel are O.P. Bhat (former Chairman of SBI), Justice J.P. Devadhar (retired judge of Bombay High Court), K.V. Kamath, Nandan Nilek...
The regulator has impounded illegal gains to the tune of Rs 41.85 crore made by the entities after misleading videos were uploaded on YouTube channels...
The allegations, which the group has repeatedly denied, roiled shares of group's listed companies which have together lost over $120 billion in market value in three weeks...
The regulator market said as the matter was in early stages of examination, it may not be appropriate to list details about the ongoing proceedings at this stage...
For this trust to be robust, the potential investors must believe that their money is protected against misuse, especially through fraud or through agents reneging on contracts...