KSBL Securities Ltd.

2 matters before the Securities Appellate Tribunal

Penalties and directions recorded

Monetary penalty of Rs 15 lakhs on appellant upheld

SAT-appeal

Dispute concerning non-payment/refund of client funds after a cheque issued toward closure of the client's ledger account bounced.
Appeal dismissed summarily · NSE direction requiring KSBL Securities Ltd. to make funds available for payment to Sunil Gupta upheld
Appeal: Appeal No. 432 of 2019 dismissed summarily by SAT on 18 October 2019
Pledging client securities to raise Rs 19.23 cr for 515 clients, accepting Rs 21.56 cr deposits with assured returns off-books, networth misrepresentation.
Monetary penalty of Rs 15 lakhs on appellant upheld · 5-day suspension from all NSE segments set aside
Appeal: Appeal No. 471 of 2018 partly allowed on 26 November 2019, reserved on 11 November 2019

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Source: SecMarx — KSBL Securities Ltd.. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (charges, outcomes, appeal chain) is cited to us.