SAT held that exclusively listed companies need to make serious attempts at getting listed on BSEIndia/ National Stock Exchange of India Limited / Metropolitan Stock Exchange of India Ltd. before considering an exit.
SEBI to pass a reasoned order within three months.
Regstreet ( Sumit Agrawal, Mahaveer Rajguru, Mittu Choudhary) along with counsel Somasekhar Sundaresan represented minority shareholders.