BusinessPhoto: Mint MarketsAvadhut Sathe Trading Academy to Challenge SEBI Order on Refund
Avadhut Sathe Trading Academy Private Limited (ASTAPL) plans to challenge the Securities and Exchange Board of India (SEBI) order requiring a refund of ₹546.17 crore plus ₹67.87 crore interest. SEBI accused ASTA of providing unregistered investment advisory and research analyst services, but ASTA claims it only offers financial market training, using live market data for brief demonstrations in its courses.
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