Sebi cancels registration of stock broker for mis-managing clients' funds, securities

It was noted that during the period of April 2015 till December 2016, Ficus transferred Rs 48.28 crore to Ficus Commodities and received Rs 48.94 crore during the said period from Ficus Commodities. This transaction was done at the same time when Ficus was not in a position to repay or settle funds due to its credit clients.

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