Posts Tagged ‘sec’

Stocks gain on the high court ruling

The High Court (HC) May 21, 2012 upheld the securities regulator’s move for holding of minimum two per cent shares in the paid-up capital of the listed companies by their sponsor-directors, stating that the court finds no ‘illegality’ in the directive issued earlier. A Division Bench of the HC, comprising Justice Farid Ahmed and Justice […]

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