The Securities and Exchange Board of India v. the Official Liqudator, High Court,Bombay of M/S.Sunchan Securities Ltd.
Case brief
What is this about?
The High Court of Bombay allowed a company application by the SEBI against the liquidator of Sunchan Securities Ltd, making it absolute on affidavit grounds.
What did the court decide?
Company application made absolute in terms of prayer clause (a).