Monday 20 January 2014

Cos should respond to summons issued by regulator to aid investigation unless request is tainted wit

SEBI: Every company is obliged to reasonably respond to any letters or summons to be issued by regulator by furnishing required information and/or documents for a smooth investigation, unless such a request/demand by regulator is shown to be outcome of ill-will, or is tainted with malice and/or is otherwise arbitrary in fact situation of a given case


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