Corruption Case Against New SEBI Chairman In Infosys IPO Scam , Tuhin Kanta Pandey Denying Action In IPO Crime.
Mumbai: Corruption case under Prevention of corruption act is filed before Mumbai CBI cum ACB Court for not taking action in Infosys IPO scam against SEBI, ROC Bangalore NSE and BSE officers. Infosys was listed in 1993 without SEBI compliance . The New SEBI Chairman Tuhin Kanta Pandey and Ex Chairman Madhabi Buch did not taken any action on complaint against Infosys fraud with investors . The copy of RTI also shared with them but the SEBI officers did not responded and not taken any action as per SECURITIES AND EXCHANGE BOARD OF INDIA (PROCEDURE FOR HOLDING. INQUIRY AND IMPOSING PENALTIES BY ADJUDICATING OFFICER) RULES , 1995 SEBI officers whenever want take lead from social media but by complaint through Scores and email are neglected by taking bribe . The SEBi denied action as per section 15 HA of SEBI act and various sections of Company act . They have incurred Rs 1lac Cr approx loss to exchequer by not registering crime. Being a investigati...