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SEBI - Highlights / Catch Notes

Home Highlights March 2019 Year 2019 This

Declaration or branding of shell company - no person can be ...


Authorities Must Notify and Hear Companies Before Declaring Them as Shell Companies, Ensuring Fair Process.

March 18, 2019

Case Laws     SEBI     HC

Declaration or branding of shell company - no person can be condemned unheard. Therefore, before branding petitioner No.1 as a shell company, it was obligatory on the part of respondent No.1 to have issued notice and to have heard petitioner No.1.

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