Stop Punishing Investors for the actions of Rogue Promoters
October 27, 2014
Why are investors of DLF and FT asked to pay the price for their promoters’ behaviour?
Sucheta Dalal
On 10th October, the Securities & Exchange Board of India (SEBI) closed a very reluctant, seven-year investigation into dubious disclosures by DLF Limited by barring the company, its chairman KP Singh and key directors from the capital market for three years.