Arshad Warsi, wife Maria Goretti get relief from SAT 

Arshad Warsi’s wife Maria Goretti and brother Iqbal Warsi reliefs from Securities Appellate Tribunal.

Maria Goretti and Brother Iqbal Warsi were barred from the stock markets for manipulating the share prices of the Sadhna broadcast. But Securities Appellate Tribunal did not get any evidence against them so the trio gets relief on Monday. There is no proof to show the high prices also there is no proof of showing distribution, promotion, and uploading of the videos on youtube.

On March 2, the Security and exchange board of India (SEBI) barred 45 entities, including Warsi and Goretti, from the securities market in cases related to alleged manipulation in the share prices of Sadhna Broadcast and Sharpline Broadcast through misleading videos on YouTube.

Securities Appellate Tribunal also announced to SEBI that they will take 6 months for an investigation. Warsis were represented in the SAT by Amit Agrawal and Sumit Agrawal of Regstreet Law Advisors.

Arshad Warsi is a great actor with so much of respect. He did number of great movies like Lage Raho Munna bhai, Dedh Ishqiya, Golmaal, Jolly LLB, Dhamaal and many more.