Sebi classifies `73,287-cr dues as ‘difficult to recover’
image for illustrative purpose
New Delhi: Capital markets regulator Sebi has segregated dues to the tune of Rs73,287 crore under difficult to recover category at the end of March 2023.
Overall, the markets watchdog has dues worth Rs1.02 lakh crore that needs to be recovered from entities, including those that failed to pay the fine imposed on them, or were unable to pay fees due to it and did not comply with its direction to refund investors’ money, according to Sebi’s annual report for 2022-23, which was released on Monday. Of Rs1.02 lakh crore, Rs63,206 crore, which is 62 per cent of the total amount, pertains to collective investment scheme and deemed public issues of PACL Ltd and Sahara Group company Sahara India Commercial Corporation Ltd.
