SEBI’s acquital of NSDL

SEBI’s acquital of NSDL in the IPO scam is another proof of influence of the SEBI Chairman on the proceedings. NSDL as a depository should have put in place a system to identify multiple accounts and doubtful accounts. More than any other entity NSDL could have done the job easily. One more biggie in the ...

Frozen Demat A/cs – Action At Last

According to THE TIMES OF INDIA, Chennai Ed. (Dt.22/Dec/2008), Income Tax Department will start investigating into the Frozen Demat A/cs to find the black money and undisclosed transactions. A move that should have been done long back when SEBI ordered the freezing of the Demat A/cs without PAN. At last IT Dept & Govt. of ...