SEBI bars Onelife Capital Advisors and promoters from securities markets over fund diversion allegations
SEBI said the prima facie findings bring to light large-scale misrepresentation in financial statements by OCAL, primarily by inflating revenue and expense figures and presenting a rosy picture to the public about the company’s business when, in reality, these were bogus sales and purchases.
SEBI said the prima facie findings bring to light large-scale misrepresentation in financial statements by OCAL, primarily by inflating revenue and expense figures and presenting a rosy picture to the public about the company’s business when, in reality, these were bogus sales and purchases.
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