The capital market watchdog has to recover dues from three companies -- Brijlaxmi Leasing & Finance (Rs 13.62 lakh), Sawaca Communication ( nearly Rs 4.4 lakh) and IFSL Ltd (Rs 3.05 lakh).
Besides, the Securities and Exchange Board of India (Sebi) has to recover an amount of Rs 6.30 lakh from Ankur Chaturvedi and Rs 55,589 from Mahendra A Shah.
The pending dues include penalties imposed on the entities for violation of securities market norms besides interest and other costs.
Similarly, the regulator has directed depositories - NSDL and CDSL -- to attach all demat accounts of the defaulters.
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The regulator has ordered banks and depositories to attach "all accounts by whatever name called of the defaulter, either singly or jointly with any other persons".
It has further ordered the banks and depositories that with immediate effect no debit would be made in these accounts until further directions from the market regulator.
However, the credits, if any, into the account maybe allowed, Sebi said.
The watchdog has also asked for various details of the accounts held by the entities, including account statements.