SEBI’s Retrospective Action on Paytm: Test of Regulatory Consistency

Our Founder and MD Mr. Shriram Subramanian, wrote an article in News9Live on SEBI's retrospective action on Paytm, examining the challenges this poses to regulatory consistency and promoter definitions. SEBI’s decision to initiate action years after the fact raises questions about the thoroughness of the due diligence conducted during the IPO process. The show cause notice to Mr. Vijay Shekhar Sharma has also brought attention to the complexities of defining a ‘promoter’ in India’s evolving corporate landscape.

Read the full article here: https://www.news9live.com/business/economy/sebis-retrospective-action-on-paytm-a-test-of-regulatory-consistency-and-promoter-definition-2671474