Sebi orders attachment of accounts of 10 individuals in Eros Media case

Sebi has ordered the attachment of bank accounts, shares, and mutual fund holdings of 10 individuals to recover Rs 1.25 crore due to non-compliance with its investigation regarding Eros International Media Ltd. The individuals failed to pay fines imposed by Sebi, leading to recovery proceedings. The regulator has instructed banks and mutual funds to prevent debits from these accounts while allowing credits. This action follows previous penalties for non-compliance related to alleged financial irregularities involving Eros International.