Order restraining director of broking-Co from accessing securities market quashed in absence of any adverse material

COMPANY LAW/SEBI : Where WTM passed order restraining appellant-director of stock broking company from accessing securities market, however no role or complicity of appellant was brought on record while conducting investigation into affairs of company, nor was there any adverse material against appellant, appellant could not be held liable for same and order of WTM was to be quashed

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