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Re: TIME HAS COME TO PROBE INTO MANY MORE COMAPNIES
by Lopesh S on Jan 11, 2009 09:28 PM

Pls give more powers to SEBI/BSE/NSE/NSDL/DCA/MCA



The whole system seems to be highly corrupt and can be bought so easily. – PM and PC keeps boasting of our corrupt free system. Plus all Our Regulators SEBI/BSE/NSE/NSDL/DCA/MCA do not seem to have enough powers to take action erring companies. We have a grievance against STERLITE INDUSTRIES who Forcibly took away shares acquired thru IPO in 1993. We must have written innumerous complaints to SEBI/BSE/NSE/NSDL/DCA/MCA but in vain. All they do is just forward the complaints and companies ignore and devious in their reply. It appears that company is very confident that SEBI/BSE/NSE /NSDL/DCA/MCA are powerless and cannot do anything. Cleverly they keep changing the registrars from PCS Data to Sharepro to Karvy. Good luck to all investors think trillion times before investing in Indian markets and loosing your pants No one is going to protect your money – Lopesh Kumudha and Suresh



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