SEBI disposes of fraudulent trading case against Indiabulls
Markets regulator SEBI has disposed of a case pertaining to alleged fraudulent trading by Indiabulls Securities, now known as Indiabulls Ventures. There was "nothing on record" that indicates Indiabulls colluded with clients in executing 36 non-genuine transactions, SEBI said. The regulator had carried out an investigation into the dealings which took place during February 1 to March 31, 2005.