🇮🇳 India ASTA vs. SEBI Ruling The **Securities Appellate Tribunal (SAT)** issued a directive on Thursday concerning the appeal filed by **Avadhut Sathe Training Academy (ASTA)** against a SEBI order. ASTA must deposit **$\text{Rs 100 crore}$** as a precondition for its appeal to proceed. The original order from the **Securities and Exchange Board of India (SEBI)** barred both the Mumbai-based financial influencer **Avadhut Sathe** and his academy, ASTA, from providing unregistered **investment advisory** and **research analyst** services. --- Key Financial Directive The **$\text{Rs 100 crore}$** deposit requirement is a critical procedural step mandated by the SAT in this high-profile regulatory case.