The Delhi High Court has disposed the petition of Religare Enterprises against the Securities and Exchange Board of India (Sebi) over alleged “inaction” on complaints against the Burman family, stating that the issue was already addressed on May 31.
The matter, originally scheduled for August 20, was heard on August 12 after four Burman family-owned entities — MB Finmart, Puran Associates, VIC Enterprises, and Milky Investment — sought to intervene. They informed the court that the…
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