SAT upholds Sebi case against Avadhut Sathe, but cuts deposit to ₹100 crore
The Securities Appellate Tribunal (SAT) on Thursday scaled back the market regulator’s order against Avadhut Sathe and his trading academy, but allowed its investigation to continue. The tribunal directed Avadhut Sathe Trading Academy (ASTA) to deposit ₹100 crore into a fixed account, instead of the ₹546 crore demanded by the Securities and Exchange Board of…