Tuesday, 14 October 2014

SEBI has barred DLF and its directors from accessing securities market for 3 years

CL : DLF, its chairman and directors employed a plan, scheme, design and device to camouflage association of DLF with its three subsidiaries namely, Felicite, Shalika and Sudipti to mislead and defraud the investors in securities market in connection with issue of shares of DLF in its IPO. DLF and its directors were restrained from accessing securities market and were prohibited from buying, selling or otherwise dealing in securities, directly or indirectly, in any manner, whatsoever, for the pe


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