SEBI rejects preliminary challenge by Bajaj Hindusthan and promoters in fund diversion case- Moneycontrol.com
Adjudication on alleged fund diversion will proceed on merits Market regulator Securities and Exchange Board of India (SEBI) has rejected preliminary objections raised by Bajaj Hindusthan Sugar Limited and its promoters against ongoing proceedings in an alleged fund diversion case, allowing adjudication on the merits to continue. The proceedings arise from a show-cause notice issued by SEBI on October 16,…
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