Jun 25, 2013, 09.31 PM IST
CNBC-TV18 reports that the Securities Appellate Tribunal has admitted Alchemist Infra Realty's plea against Sebi's winding-up order and directed both Sebi and Alchemist to maintain status quo till July 22.
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SAT admits Alchemist plea, orders status quo till July 22
CNBC-TV18 reports that the Securities Appellate Tribunal has admitted Alchemist Infra Realty's plea against Sebi's winding-up order and directed both Sebi and Alchemist to maintain status quo till July 22.
Like this story, share it with millions of investors on M3
SAT admits Alchemist plea, orders status quo till July 22
CNBC-TV18 reports that the Securities Appellate Tribunal has admitted Alchemist Infra Realty's plea against Sebi's winding-up order and directed both Sebi and Alchemist to maintain status quo till July 22.
Also Read: SAT to hear Alchemist Infra's appeal against Sebi on Tue
SAT directed both Sebi and Alchemist to maintain status quo. SAT has also directed Alchemist Infra to furnish details of its properties, amounts raised and details of investors. Interestingly, the Alchemist Group is headed by KD Singh, the Trinamool Congress MP in the Rajya Sabha from.
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