In continuation of the interim order dated April 27, 2006 relating to IPO scam, G Anantharaman, whole-time member of Securities & Exchange Board of India passed an interim order on Tuesday.
The F&O segment has been attracting huge volumes in recent months, with the average daily turnover above Rs 40,000 crore on the National Stock Exchange.
Eleven years on, while 80% of scam-hit investors have been fully compensated, more than 50% of the sum is yet to be distributed.