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Dec
16th

Coimbatore ROC - Preacher Breacher

Author: Corporate Cat | Files under Accountability, Legal, Stock market, Suggestions

In today’s edition of Dinamalar there is a report on warning given by the Registrar of Companies, Coimbatore to the Companies which have not filed annual accounts with the office of the Registrar of Companies. While addressing Investors Awareness Programme conducted by ICAI and ICCI at Coimbatore he elaborately explained the rights of stakeholders and […]


Apr
11th

Consent orders of SEBI - Consent for what ?

Author: Corporate Cat | Files under Condemn, Legal, Suggestions

I had an occasion to go through the website of SEBI recently which exhibits hundreds of ‘Consent Orders’.  These orders are nothing but culmination of discussion between SEBI and the offenders. They come to an understanding. Based on this understanding the offender agrees to pay SEBI  a certain sum and gives a letter to this […]


Feb
26th

Saviours of law - Serves a flaw - Madras High Court Battle

Author: Corporate Cat | Files under Accountability, Condemn, Legal, Politics

It all started when Subramania Swamy came to Madras High court on 17th February, 2009 to implead himself in a case pertaining to taking over the management of Chidambaram Temple by the government of Tamil Nadu.  As per a leading newspaper when Swamy was inside the court in connection with the case a set of […]


Feb
25th

Pranab’s pronouncement on Srilankan Tamil Problem - DMK’s Stand ?

Author: Corporate Cat | Files under Appreciate, Legal, Politics

Srilankan Tamil issue is rocking not only Tamil Nadu but also Delhi by means of threats by various political parties supporting the Congress led government at the Centre. It has been proved beyond doubt that Indian politicians can forgo any principle for the sake of staying in power. DMK party’s ultimatum to the centre (!) and […]


Jan
31st

Madras HC directs SEBI in Coimbatore Stock Exchange Case

Author: Corporate Cat | Files under Legal, Stock market

In its order dated 6th January, 2009 the Madras High Court directed SEBI to consider the application of Coimbatore Stock Exchange (CSX) under exit option scheme of SEBI and  pass orders before 31st March, 2009.
Even before the announcement of Exit Option for Regional Stock Exchanges by SEBI, Coimbatore Stock Exchange was the first to find out […]


Jan
30th

SEBI’S status in Sathyam Case

Author: Corporate Cat | Files under Legal, Stock market

SEBI is supposed to be the market regulator in India. Their main objective is to safeguard the interest of investors vis a vis operations in share market.  In the case of Sathyam fraud SEBI is running from pillar to post to get statements recorded from its Chairman and MD.  On   7th January, 2009 Sathyam Chairman B. […]