"The government wants that the judicial system of our country makes full use of information and communication technology. This should be given priority," he said, adding, "This can help save a lot of time and money."
Author: Ashmit Kumar, CNBC TV18
SEBI: Unwilling Or Unable To Take Action Against Sahara?
Earlier this week Sebi filed a second contempt petition against the Sahara Group, alleging non-compliance of the order delivered by the Chief Justice of India on December 5.
The SEBI-SAHARA battle keeps making headlines...week after week after week. In the last 5 months two different Supreme Court benches have in no uncertain terms told Sahara to pay up over 20,000 crores to SEBI so that the regulator can refund the money to Sahara‘s verified OFCD investors.