Manpasand Beverages scam: How Sebi exposed the Rs 40-crore GST fraud
Securities and Exchange Board of India (Sebi) has barred Manpasand Beverages Ltd (MBL) and its top officials and directors from the securities markets for a period of three years from now and also imposed a total penalty of Rs 74 lakh for manipulating and mis-reporting the company’s financial statements.