Btw, is it actually worth it for SEBI to ask a firm to stop issuing bonds based on this? Won't SAT allow this if in reality there's no loss ?
Also, what should be the "fraud appetite" ? I mean certainly some frauds can be ignored, say someone did all this and were only able to make 10 Rs, do…
Btw, is it actually worth it for SEBI to ask a firm to stop issuing bonds based on this? Won't SAT allow this if in reality there's no loss ?
Also, what should be the "fraud appetite" ? I mean certainly some frauds can be ignored, say someone did all this and were only able to make 10 Rs, do we want to go after them ? I say we can create memes and publically shame them, not for fraud, but for incompetent fraud.
Don't quote the guy who said not to quote him.
:p
Btw, is it actually worth it for SEBI to ask a firm to stop issuing bonds based on this? Won't SAT allow this if in reality there's no loss ?
Also, what should be the "fraud appetite" ? I mean certainly some frauds can be ignored, say someone did all this and were only able to make 10 Rs, do we want to go after them ? I say we can create memes and publically shame them, not for fraud, but for incompetent fraud.