WHITE COLLOR CRIME BY L&T FOR RASING FUNDS THROUGH IPO
Mumbai: L&T listed at BSE on 21 April 1965 with the compliance of Ministry Of finance . As per Section 3-4 of Capital Issue Control act 1947 controller permission was mandatory for any issue. L&T Listed at BSE without mandatory compliance. As per Smart ODR reply the company is also searching NOC in their record. RTI filed with Department of Economic affairs to know L&T IPO NOC. DOE transferred it to SEBI . SEBI said that is does not maintain such information as SEBI is operating as regulator since 1992 . In RTI appeal order the SEBI transferred it to Department of Economic affairs market division. Later DOE also denied any information as per record. It is crime Under IPC and section 15 HA of SEBI act 1992.
Final Status of SEBIH/R/T/23/00250
| Applicant Name | Sapan Shrivastava |
|---|---|
| Date of receipt | 20/12/2023 |
| Request Filed With | Securities and Exchange Board of India (SEBI), Head Office |
| Text of Application | LARSEN & TOUBRO LTD listed at BSE on 21-04-1965. As per Capital issue control act 1947 and SEBI act permission is required for listing any shares. RTI Question 1. Copy of govt or SEBI NOC to Larsen and Toubro Ltd for IPO or any. 2. Copy of Observation letter with lenders NOC given to company . |
| Request document (if any) | document not provided |
| Status | REQUEST DISPOSED OF as on 28/12/2023 |
| Date of Action | 28/12/2023 |
| Remarks | Reply :- Reply attached |
| Reply Document |  |
