Unitech promoters cleared by SEBI in UBS fund switch probe
The Securities and Trade Board of India (SEBI) on Friday disposed of its investigation towards Unitech’s erstwhile promoters, Sanjay Chandra and Ajay Chandra, in a matter associated to the routing of funds to the Indian securities market utilizing abroad financial institution accounts with UBS AG. SEBI performed a suo-moto investigation from April 1, 2006, to March … Read more