Will Investors Finally Get Their Money?
Sucheta Dalal
A15th April order by the Securities and Exchange Board of India (SEBI) has finally closed a chapter on the liability of Osian’s Art Fund—an investment adventure backed by unprecedented media hype, mainly through the Page3 presence of art impresario Neville Tuli, its long-haired founder. So great was the hype, that when ABN Amro Bank began to sell the Fund, it found willing takers among CEOs of mutual funds, brokerage houses and partners in global consulting giants.
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