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The Supreme Court of Bombay ruled that industrial Anil Ambani was not entitled to a personal hearing for the State Bank of India (SBI) Classified Reliance Communications LTD (RCM) as a fraud, with the bank’s order maintained. It ruled that the bank had complied with the principles of natural justice by allowing written representation. In […]
Sebi said on Monday that it established a procedure against Deepak Agrawal, a former fund manager at AXIS MF, after he had paid RS 85.8 Lakh and had surrendered more than 43,000 investment funds for the alleged violation of market standards. “… It is ordered that the procedure against the applicant (Deepak Agrawal Vide SCN […]
