Tag: SEBI Sahara case
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SEBI steals a march on Sahara
By Swatilekha Chakraborty, Symbiosis Law School,Pune. Remarkable role of SEBI in the SEBI Sahara legal dispute The role of SEBI as an investor protection agency is truly a remarkable. The jurisdiction granted to it under Sec. 55A of the Companies Act and Sec. 11 of the SEBI Act had been contended by Sahara, and was negated by…