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Business News/ Politics / Policy/  Sebi-CIC hearing on RIL insider trading case postponed
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Sebi-CIC hearing on RIL insider trading case postponed

The Bombay high court is yet to announce a fresh date for the hearing

Sebi headquarters in Mumbai. Photo: Abhijit Bhatlekar/Mint (Abhijit Bhatlekar/Mint)Premium
Sebi headquarters in Mumbai. Photo: Abhijit Bhatlekar/Mint
(Abhijit Bhatlekar/Mint)

Mumbai:The Bombay high court on Wednesday postponed the hearing in the case between market regulator Securities and Exchange Board of India (Sebi) and the Central Information Commission (CIC). The case pertains to an alleged instance of insider trading by Reliance Industries Ltd in the shares of the erstwhile Reliance Petroleum Ltd in 2007. The court is yet to announce a fresh date for the hearing.

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ABOUT THE AUTHOR
Anirudh Laskar
Anirudh reports on significant corporate matters including large mergers and acquisitions, India's emerging e-commerce sector and regulatory issues in the corporate and financial services industry. Over the past 17 years, he has covered many beats including banking, NBFCs, aviation, automobile, insurance, markets, SEBI, IRDAI, mutual funds, investment banking, private equity, deals, and conglomerates.
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Published: 23 Jan 2013, 02:55 PM IST
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