Globalisation of Indian Economy need all round development and regulations, including capital market. In the past, similar incidences have happened when SEBI has awakened suddenly, damaging the capital market to its worst. Undoubtedly, the real culprits are not only the certain doubtful P.Note owners but also the concerned ministry and the regularoty authorities who have definitely failed to check the inflow of foreign money at regular intervals. If the security system is improper, even the insurance companies refuses to pay claim, in case of theft/burglary.Why retail investors should suffer at the autocratic attitude and system adopted by the ministries of finance and the regulator? Will they ever concern for regulating themselves first, instead of blaming the market players and investors, be it FIIs or P.Note owners??
