Home Case Index All Cases Indian Laws Indian Laws + HC Indian Laws - 2011 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2011 (3) TMI 1461 - HC - Indian LawsSEBI - Supreme Court, in its order dated 4.1.2011, has specifically directed that SEBI would also be entitled to call for any information which in deems fit, including the names of the investors who have invested in OFCD (optionally fully convertible debentures) in the course of the inquiry - Petitioners had agreed to give information that SEBI would call upon them to furnish during inquiry - However, petitioners failed to give information as asked for – Held that:- conduct of petitioners, by not giving required information, regarding investors, despite orders of Court and their agreement could not be appreciated. petitioners directed to furnish information regarding investors to SEBI, failing which interim order granted by High Court in their favour would be vacated
|