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Listen to Arvind P Datar, who took the Securities & Exchange Board of India (SEBI) through the battle with Sahara. Mr Datar will speak about the many ways in which companies evade the long arm of the law to dupe people.
Mr Datar practices in the Supreme Court of India with taxation, company law and constitutional law as his specialisation. He is a senior advocate of the Madras High Court. He is also a prolific writer and the author of several seminal works.
Far too many Indians, who have burnt their fingers in the capital market are losing enormous sums of money in seemingly safe investments that turn out to be mere ponzis. Some of them even seem to have proved Abraham Lincoln wrong with their ability to fool all the people all the time. But then, you sometimes have landmark judgments like the August 2012 order asking two companies of the Sahara group to refund Rs24,000 crore to investors.
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