Former SEBI Chief M Damodaran Ordered to Pay Rs. 206 cr in Contract Breach Case

In a significant legal development, M. Damodaran, the former chairman of the Securities and Exchange Board of India (SEBI), has been ordered by the International Court of Arbitration (ICA) in the United States to pay nearly Rs 206 crore in damages. The fine was imposed for breaching a contract lawsuit involving a dispute between NYSE-listed

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