Ever since it was given powers in October 2013 to recover penalties and investors’ money collected fraudulently, it has initiated nearly 900 recovery proceedings, of which more than 200 have been fully completed. The amount involved stands at Rs 55,015 Cr, including Rs 52,959 Cr in the last financial year.

SEBI initiates defaulters recovery proceedings to collect more than Rs 55,000 Cr

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