SAT
A spokesperson of PACL Ltd. has revealed that the company has plans underway to file an appeal with the Securities Appellate Tribunal (SAT) against a Sebi order pertaining to the return of a record Rs 49,100 crore to investors in three months. PACL collects money from investors, and invests that money in cheap land which [...] Continue Reading »
Sahara group of companies to face more trouble in future as ministry of corporate affairs (MCA) has expressed its support to market regulator Sebi’s June 23 order against the two companies of Sahara. Both Sebi and MCA work in tandem for protecting rights of small investors. Securities Appellate Tribunal (SAT) is scheduled to hear the [...] Continue Reading »
