Court :
HIGH COURT OF DELHI
Brief :
The facts of the instant case, in brief, are that the petitioner incorporated a company in the year 1995 under the name and style of Maha Bhairav Plantation Pvt. Ltd. having its registered office at 308, Vinay Place, 11, Ashoka Marg, Lucknow-226001. The Government of India issued a Press Release on 26.11.1997 and, thereafter, a public notice dated 18.12.1997 was issued calling upon all the companies engaged in collective investment scheme to file their details. In the year 1998 the petitioner sent its reply to the Government of India and intimated that the petitioner company is not going to raise any fund in future from the public under the collective investment scheme and is going to wind up the company and going to return the money to the investors
Citation :
BRIJESHWAR JAISWAL ..... Petitioner Through: Mr. V.P. Katiyar , Adv. Versus SEBI ..... Respondent Through: Mr. Sanjay Mann, Adv.
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