Rajkot Investors Filed Appeal Against Sebi Order on Reliance Power Ipo
Mabelle asks:
Rajkot Saher Jilla Grahak Suraksha Mandal has filed an appeal against SEBI’s order dated December 27, 2007 on much controversial Reliance Power IPO with Securities Appellate Tribunal (SAT) on the last day of the year 2007 i.e. December 31, 2007.
The said appeal has now been placed for hearing on January 04, 2008. According to the appeal memo, SEBI is asked to be present before the Hon’ble Tribunal on January 04, 2007 if desires.
As per the appeal memo, SEBI is called upon not to take any further steps in pursuance of its order dated December 27, 2007 that may prejudice the association’s rights to prefer an appeal in accordance with law and render the present appeal infructuous.
Rajkot Saher Jilla Grahak Suraksha Mandal has filed an appeal against SEBI’s order dated December 27, 2007 on much controversial Reliance Power IPO with Securities Appellate Tribunal (SAT) on the last day of the year 2007 i.e. December 31, 2007.
The said appeal has now been placed for hearing on January 04, 2008. According to the appeal memo, SEBI is asked to be present before the Hon’ble Tribunal on January 04, 2007 if desires.
As per the appeal memo, SEBI is called upon not to take any further steps in pursuance of its order dated December 27, 2007 that may prejudice the association’s rights to prefer an appeal in accordance with law and render the present appeal infructuous.
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