10 June 2024


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Delhi High Court Slams Petitioner Who Alleged SEBI Irregularities in IPO Approvals - 29.11.2021

Delhi High Court has slammed a petitioner for alleging that the Securities and Exchange Board of India (SEBI) is approving IPOs (initial public offerings) in a hasty manner, without proper scrutiny, noting that the Petitioner, who sought the constitution of a fresh body for IPO approvals, was aged merely 19 years and there was little to no likelihood of his understanding the complexities of a securities market.

Tags : Delhi High Court SEBI Irregularities in IPO Approvals

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