SAT sets aside SEBI order on Integrated

The Securities Appellate Tribunal (SAT) has set aside the Securities and Exchange Board of India (SEBI) order issued in July suspending the registration of Integrated Enterprises as a depository participant for six months. The company had then secured an interim stay from the Tribunal for continuing depository operations. Now as the final hearing of the appeal was over, taking into account the merits of the matter and having in mind the interest of investors, SAT has set aside the SEBI order on December 13.