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November 09, 2006
PR No. 247/2006
Order in the matter of Global Trust Bank
in respect of M/s. Niskalp Investments & Trading Co. Ltd.
SEBI has passed an order on November 07, 2006 disposing off the show cause notice issued to M/s. Niskalp Investments & Trading Co. Ltd., in the matter of Global Trust Bank.
The Show Cause Notice is disposed off on the grounds that there is absence of sufficient evidence with respect to M/s. Niskalp Investments & Trading Co. Ltd. alleged role in the price manipulation in the shares of Global Trust Bank.
Mumbai
November 09, 2006
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