Sebi orders attachment of bank, demat a/c of three firms

Capital market regulator Sebi has ordered attachment of bank and demat accounts of three companies to recover dues of about Rs 6 lakh.
The companies are Super Green (India), Abhinav Commercial and Shamken Multifab.
The pending dues include fine imposed along with interest, charges, expenses and other costs.
The latest orders came after the entities failed to pay the fine imposed by the regulator for violation of various capital market norms.
Attachment of bank and demat accounts of Super Green (India) have been ordered to recover Rs 2,19,542. Sebi has to recover Rs 1,64,463 and Rs 1,85,089 from Abhinav Commercial and Shamken Multifab, respectively.

In three separate orders, the Securities and Exchange Board of India (Sebi) has directed banks to attach all accounts, including lockers, held by the entities and has directed depositories - NSDL and CDSL - to attach all demat accounts of the defaulters.
The watchdog has also asked for various details of the accounts held by the entities, including account statements.
Sebi has been given powers to attach properties and bank accounts, among other things, of persons and entities which have failed to comply with directions involving payment of penalties and other dues.