Over 1,000 cases solved through consent order: Sebi

The consent order mechanism of the Securities and Exchange Board of India (Sebi) whose validity has been challenged through a petition in the Delhi High Court has resulted in resolution of 1,099 applications till September 2011. The stock market regulator has collected Rs 203 crore (excluding amount collected under compounding) through this mechanism between March 2007 and September 2011.

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