Mahesh Nandani (Marketing Consultant) 07 November 2014
Dear experts,
Hundreds of companies in Gujarat who have raised money through Public Issues have purposely defaulted on SEBI or stock exchange filings and have opted to get suspension of their securities. The investors have NO options for EXIT as the security is not listed in any exchange. SEBI has proved to be a paper tiger. Is their anyway that the company promoters can be held and prosecuted ??
Mahesh
Rama chary Rachakonda (Secunderabad/Highcourt practice watsapp no.9989324294 ) 07 November 2014
After enquiry from SEBI, it is a regulatory authority over such compaies, it may be filed criminal charges over the directors.
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