Sebi looking into against inflating IPO subscriptions: Buch

A mule account is basically a trading account maintained with a stock broker or a dematerialized account or bank account linked with such trading account in the name of a person, where the account is effectively controlled by another person, whether or not the consideration for transactions in the account are paid by such other person.

from Stocks-Markets-Economic Times https://ift.tt/iW1go2b
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