Sebi agreed to settled the case after the insurance company approached the regulator with a plea to settle the matter "without admitting or denying the findings of fact and conclusions of law".source https://economictimes.indiatimes.com/industry/banking/finance/insure/national-insurance-company-settles-disclosure-lapse-case-with-sebi-pays-rs-75-lakh/articleshow/80751218.cms
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