Sebi plans to challenge a court order demanding a probe into alleged irregularities in listing a company on the BSE in 1994. The court directed police to file an FIR against several former and current officials, although they were not in their positions during that time. Sebi and BSE intend to take legal action to address the situation. Post navigation Retail money trumps FPIs’ on Dalal street Sebi allows small finance companies to invest in bad debt securities
