misuse entrusted monies
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defalcate — de·fal·cate /di fal ˌkāt, fȯl , dē ; de fəl ˌkāt/ vi cat·ed, cat·ing: to commit defalcation compare embezzle de·fal·ca·tor / ˌkā tər/ n Merriam Webster’s Dictionary of Law. Merriam Webster. 1996 … Law dictionary
SEBI Act 1992 — The Securities and Exchange Board of India Act, 1992 (the SEBI Act) was amended in the years 1995, 1999 and 2002 to meet the requirements of changing needs of the securities market and responding to the development in the securities market. Based … Wikipedia
Pakistan — /pak euh stan , pah keuh stahn /, n. 1. Islamic Republic of, a republic in S Asia, between India and Afghanistan: formerly part of British India; known as West Pakistan from 1947 71 to distinguish it from East Pakistan (now Bangladesh).… … Universalium