Sebi proposes to fund class action suits

In the first move of its kind in the country, the Securities and Exchange Board of India (Sebi) has decided to finance investor associations that propose to fight collective suits ? which resemble US or European-style class action suits ? in Indian courts.

Read More at Business Standard India…

This entry was posted on Sunday, May 31st, 2009 at 6:16 pm and is filed under Class Action News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 

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