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'What Does He Know?' : Delhi High Court Slams 19-Year Old Petitioner Who Alleged SEBI Irregularities In IPO Approvals
Akshita Saxena
26 Nov 2021 9:49 PM IST
The Delhi High Court today slammed a petitioner for alleging that the Securities and Exchange Board of India (SEBI) is approving IPOs (initial public offerings) in a hasty manner, without proper scrutiny.Noting that the Petitioner, who sought the constitution of a fresh body for IPO approvals, was aged merely 19 years and there was little to no likelihood of his understanding the complexities...
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