Market Regulator bans Mark Builders, 5 directors from market

By Accommodation Times Bureau

NEW DELHI

Securities and Exchange Board of India (SEBI) has banned Mark Builders & Land Developers Ltd (MBLDL) and its 5 directors for collecting illegally money from investors and directed them to return the money to the investors.

SEBI banned firm and directors for at least four from securities market.

The MBDL raised money from customers via several schemes of booking and development of plots of land, Sebi’s order said.





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