Latest Legal Challenge News & Updates

Mumbai, June 19 (IANS) The National Stock Exchange (NSE) has disclosed in its draft red herring prospectus (DRHP) that a petition pending before the Bombay High Court seeks, among other reliefs, a stay on its proposed initial public offering (IPO) process and directions for greater disclosures regarding its shareholding structure.According to the DRHP filed with the Securities and Exchange Board of India (SEBI), the petitioner has sought a writ directing SEBI to decide a pending representation a…