Anil Ambani-linked Reliance Infrastructure and Reliance Power have received show cause notices from the Securities and Exchange Board of India (SEBI) regarding alleged violations of the SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003, and the SEBI Act, 1992.

“The company has received a Show Cause Notice from SEBI in relation to Reliance Infrastructure Limited’s exposure in CLE Private Limited, for alleged violation of SEBI (Prohibition of Fraudulent and Unfair Trade Practices) Regulations, 2003,” Reliance Power said in a stock exchange filing.

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Reliance Infrastructure stated that the notice came eight months after the dispute in relation to the company’s exposure with CLE Pvt Ltd was settled through mediation conducted by a retired Supreme Cour

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