May 18, 2018
Irregularities in Metropolitan Stock Exchange
SEBI and Ministry of Finance should Investigate
In the light of a major relief , granted by the Hon'ble Delhi High Court , to the Investors of Exclusively Listed Companies in the Non Operational Calcutta Stock Exchange , Investors are demanding similar relief to the Investors of Exclusively Listed Companies ( 200 + ) in Metropolitan Stock Exchange.
Investors argue that similar to getting listed in Calcutta Stock Exchange , listing in Metropolitan Stock Exchange is cosmetic .
Would Investors' interests be better served if Metropolitan Stock Exchange is closed / derecognised officially.
Earlier , Metropolitan Stock Exchange assured investors that Equity trading would commence after it raises capital. It appears Metropolitan Stock Exchange has raised about Rs. 200 crore ( privately ).
When some Investors took up the case of Non Trading of Equities in Metropolitan Stock Exchange , SEBI closed the complaint after Metropolitan Stock Exchange replied that regular Equity is taking place .
PLEASE READ METROPOLITAN STOCK EXCHANGE s REPLY THAT REGULAR EQUITY TRADING IS TAKING PLACE.
If Metropolitan Stock Exchange is making a wrong declaration to SEBI can Metropolitan Stock Exchange be challenged in courts for Perjury ?
please , also , click