InvestorQ : If a broker is unhappy with an order passed by SEBI, do they have any recourse?
Khushi Patel made post

If a broker is unhappy with an order passed by SEBI, do they have any recourse?

Answer
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Anjana Aiyar answered.
1 year ago


They can go to the Securities Appellate Tribunal (SAT) and seek recourse. Some also approach the courts, but normally courts will insist that the aggrieved party first exhaust their recourse to SAT before approaching the courts.