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Podcast: Moneylife News Bites
Episode: Unlawful Demat Freezes – What Next?
Description: This audio delves into a major legal battle where the Bombay High Court imposed an Rs 80 lakh penalty on SEBI and major stock exchanges for arbitrarily freezing the demat accounts of Dr. Pradeep Mehta and his son. Though the Supreme Court has stayed the penalty, the case is far from over as it returns to the High Court for a fresh hearing. Sucheta Dalal discusses the broader implications of this case for investors and the regulatory overreach concerning demat and bank account freezes. Can regulators really freeze your assets without due process? Watch to find out. Hosted on Acast...