Sebi Likely To File Appeal In Supreme Court Against SAT Order

Pointing that there appears to be other inconsistencies in the SAT order, he said, “SAT has itself observed deficiencies by NSE regarding ‘inequitable distribution in the allocation of IPs”, “absence of load balancer” and “failure to monitor frequent connection to the secondary server” and then concluding that SEBI’s finding holding NSE responsible for its failure to provide equal, unrestricted and fair access is wholly erroneous seems to be ironic”.

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