1,389 Defaulters Have Not Paid 
136 Cr As Penalty: Sebi
New Delhi: Penalties totalling about 
136 crore have been imposed on as many as 1,389 entities by the regulator Sebi for various offences related to securities market, with some cases being more than a decade old.
Some of the defaulters have not paid up amounts as small as Rs 15,000, while the majority of individual penalties are worth a few lakhs of rupees and a few others amounting to a few crores of rupees.
According to the latest data released by the Securities and Exchange Board of India (Sebi), a total of 1,389 individuals and companies had defaulted on penalties totaling about 136 crore as on December 31, 2013.
This marks an increase from a total of 1,373 defaulters, which include listed companies, brokers, merchant bankers and others, for payments of about 130 crore as on September 30, 2013.
Some of these dues are pending since 2000, while many of these cases are also pending in courts and at other forums.
Besides, Sebi had begun to exercise its newly-granted powers given through an ordinance promulgated by the government. The regulator attached bank accounts and other assets for recovery of the outstanding dues pending for up to 13 years.
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