Sebi Bans This Partnership Firm For 3 Years
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Last Updated: February 23, 2023, 18:07 IST Sebi noted that the partners of Capital Worth are fully responsible for the contravention committed by the firm. Capital Worth is a partnership firm and its partners are Ankit Shrivastav, Mohammed Aamir Shaikh, Shahid Rangrej and Sameer Memon. Sebi has banned Capital Worth Research House and its partners from the securities market for a period of three years for providing unauthorised investment advisory services. Besides, they have been directed to refund more than Rs 1.54 crore to clients within three months. The debarment of the entity and its partners will continue till the expiry of three years from the date of completion of the refund to investors, according to an order passed on Wednesday. Capital Worth is a partnership firm and its partners are Ankit Shrivastav, Mohammed Aamir Shaikh, Shahid Rangrej and Sameer Memon. Also Read: Sebi Cautions Against Cybersecurity Threat; Here’s All You Need To Know About The New Advisory S