Broker violated SEBI norms by transferring clients' money from equity account to commodity account

COMPANY LAW/SEBI ACT: Where stock broker transferred money from clients account in securities market to client's accounts in broker's group company dealing in commodities market without authority of client, same was in violation to SEBI's Circular No. SMD/SED/CIR/93/23321 dated 18-11-1993

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