Market regulator Sebi has ordered the releasing of bank and demat accounts of one Neelam Bansal after it recovered the pending dues worth over Rs 6 lakh.
The dues include interests, all costs, charges and expenses.
The capital markets watchdog had earlier ordered attachment of bank and demat accounts of Bansal to recover the penalties imposed on her for violation of capital market norms.
Securities and Exchange Board of India (Sebi) said it has recovered Rs 6,41,091 from Neelam Bansal towards full and final settlement of dues.
Stating that it had collected "full and final settlement of the dues" from the defaulter, Sebi directed the banks and depositories to defreeze the accounts of the entities.
In an order dated September 1, Sebi has "directed to release the bank accounts/lockers/demat accounts, of the defaulter attached, if any, pursuant to the notice of attachment".
