Delineating the Scope and Nature of Disgorgement Under Securities Law
by Shuchi Agrawal† and Snigdha Kajaria††
SCRA
Delhi High Court dismisses PIL espousing cause of investors being duped by promoters, alleging arbitrary delisting of securities
Delhi High Court observed that on perusal of all the necessary rules and regulations, the statutory provisions do provide a robust mechanism to safeguard the interest of investors and by no stretch of imagination, it can be said that the interest of investors is not at all protected.