Tag: company

Source: moneylife.in The Punjab & Haryana High Court has issued notices to market regulator Securities and Exchange Board of India (SEBI), and Dewan Housing Finance Corp Ltd (DHFL) and Catalyst Trusteeship Ltd among others for the company and trustee’s failure to safeguard interests of debenture holders. The petition, filed by Jyoti Khemka through Advocate Shreenath

Source: accommodationtimes.com The Bombay High Court today ruled that the National Spot Exchange Ltd (NSEL), is not a financial establishment and notifications for attachment of the company’s assets including bank accounts and properties under the Maharashtra Protection of Interest of Depositors (MPID) Act stand quashed. The Competent Authority requested for a stay. However, the High Court declined.