Sebi revokes cancellation of Brickworks licence, but . . . Mumbai: The Securities and Exchange Board of India has revoked its earlier order cancelling the licence of Brickwork Ratings and passed several directions on the rating agency Sebi's move follows the Securities Appellate Tribunal's directive in June to reconsider the quantum of penalty
Why did SEBI close down Brickwork Ratings? - Finshots On the 6th of October, SEBI ordered Brickwork Ratings (BWR) to close its shutters for good It has to wind up operations within 6 months It’s a shocking decision
Why was Brickwork Ratings shut down by SEBI? - Inventiva Brickwork Ratings India’s license was revoked by the Securities and Exchange Board of India (Sebi) on Thursday, and the organization has been given six months to wind down operations for failing to perform its obligations as a credit rating agency with the necessary skill, care, and diligence
SEBI revokes wind-up order against Brickwork Ratings SEBI revokes earlier wind-up order against Brickwork Ratings, directs it to adhere to several conditions Tribunal remitted matter to SEBI for fresh order on penalty
Sebi cancels Brickwork’s licence, orders wind-up by April The Securities and Exchange Board of India (Sebi) on Thursday cancelled the licence of Brickwork Ratings, prohibited it from taking up new clients and directed it to wind up operations in six
Sebi revokes wind up order against Brickwork, bars it from . . . Capital markets regulator Sebi has revoked its wind up order against Brickwork Ratings India and barred the credit rating agency to onboard new clients for a period of six months In June, the Securities Appellate Tribunal (SAT) set aside a Sebi ruling cancelling the licence of the credit rating agency and asked the regulator to pass a fresh order