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Allied Financial Services' Registration Cancelled by SEBI

Published: May 18, 2023

Market regulator Securities and Exchange Board of India (SEBI) has cancelled the registration certificate of Allied Financial Services Pvt Ltd (AFSPL), granting disproportionate exposure and promising assured returns to clients, misreporting data, dealing with unregistered entities and failing to maintain sufficient net worth.

Source: moneylife.in

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