{"id":274589,"date":"2019-05-16T04:48:38","date_gmt":"2019-05-16T04:48:38","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=274589"},"modified":"2019-05-16T04:50:36","modified_gmt":"2019-05-16T04:50:36","slug":"move-national-securities-clearing-corp-for-trade-annulment-sat-tells-ilfs","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/move-national-securities-clearing-corp-for-trade-annulment-sat-tells-ilfs\/","title":{"rendered":"Move National Securities Clearing Corp for trade annulment: SAT tells IL&amp;FS"},"content":{"rendered":"<p>The Securities Appellate Tribunal Wednesday directed IL&amp;FS Securities Services to approach National Securities Clearing Corporation regarding its plea for annulment of certain trades that were executed for stock broker Allied Financial Services. <\/p>\n<p>IL&amp;FS Securities, a clearing member, had contended that settlement of trades were done on the basis of fraudulently transferred collateral by Allied Financial and sought annulment of certain trades. <\/p>\n<p>In its 16-page order, the tribunal also said that Sebi cannot deny IL&amp;FS Securities the opportunity to be heard as it was a party affected by the irregularities committed by Allied Financial.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Securities Appellate Tribunal Wednesday directed IL&amp;FS Securities Services to approach National Securities Clearing Corporation regarding its plea for annulment of certain trades that were executed for stock broker Allied Financial Services. IL&amp;FS Securities, a clearing member, had contended that settlement of trades were done on the basis of fraudulently transferred collateral by Allied Financial and sought annulment of certain trades. In its 16-page order, the tribunal also said that Sebi cannot deny IL&amp;FS Securities the opportunity to be heard as it was a party affected by the irregularities committed by Allied Financial.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-274589","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/274589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=274589"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/274589\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=274589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=274589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=274589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}