“There is hardly any big registrar like Karvy, and processing of lakhs of application for shares is not easy.” However, if one goes down in past, penal action taken by SEBI – if at all – has always been limited to the brokerages house, and has always been so delayed, as to be ridiculous (Harshad Mehta dying before being adjudged is just one of the hundreds of amusing SEBI tales).
For complete IIPM article click here
Source:- IIPM Editorial, 2006
For complete IIPM article click here
Source:- IIPM Editorial, 2006
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