2002 (8) TMI 570 - HC - Companies Law

Summary

The petitioner filed a writ petition seeking a mandamus to resolve a complaint against a stock broker for fraudulent transactions, resulting in a loss of Rs. 5,95,699. Respondent No. 1 delayed the resolution, but a report supporting the petitioner was prepared. Due to the death of the stock broker, his wife applied for substitution, and further action was pending approval from SEBI. The stock exchange would process the report within three months and provide a copy to the petitioner. The writ petition was disposed of accordingly.