India Inc, individuals could soon get to settle fund diversion cases

Economic Times - Sep 20, 2026

India's Securities and Exchange Board of India (Sebi) is considering a novel approach to address fund siphoning cases. Offenders would return misappropriated funds along with interest, while also disclosing relevant details. This initiative aims to create a more realistic enforcement structure. The proposals, including a new mutual fund-specific category for portfolio management services, will be deliberated on September 24.

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