Thursday, 8 May 2014

Agro-cos. directed to appear before SEBI for their winding-up and for returning of investor's money

SEBI : Where petitioner-agro companies filed writ petition against sealing order of their premises by State Authorities, petitioners were directed to appear before SEBI in proceeding undertaken by SEBI under SEBI Act, 1992 in compliance with order passed by SEBI directing petitioners to wind up their operations and ensure return of the investors' money within stipulated time which had elapsed much long ago


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