DLF, KP Singh and five directors barred from markets for three years
October 14, 2014
SEBI said, the share transfer of Sudipti, Shalika and Felicite was through sham transactions and that DLF and its six directors, including KP Singh, employed a plan, scheme, design and device to camouflage association of DLF with these three units
Moneylife Digital Team
Market regulator Securities and Exchange Board of India (SEBI) has barred DLF Ltd and its directors including chairman Kushal Pal (KP) Singh from accessing the securities market for three years. SEBI also prohibited them from buying, selling or otherwise dealing in securities, directly or indirectly, or in any other manner.
.jpg "MoneyLife")
