COMPANY LAW : Where SICCL was engaged in fund mobilising activity from public, through offer of OFCDs during financial years 1998-2000 and raised an amount from allottees, which was found to be in violation of provisions of SEBI Act, 1992, Companies Act, 1956, and Securities and Exchange Board of India (Disclosure and Investor Protection) Guidelines, 2000 (DIP Guidelines) read with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009 (ICDR Regulations)
from www.taxmann.com Latest Case Laws https://www.taxmann.com/topstories/101010000000192984/sebi-directs-‘sahara-india’-and-its-directors-to-refund-money-collected-from-investors.aspx
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