High Court Asks Sebi To Respond To Plea Challenging Circular On Upfront Margin

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2nd march …next hearing…that is like a lifetime

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it’s like high court too is just doing this to troll small traders :sob::sob:

Why they cannot do it today or tomorrow…we will be dead for sure waiting for the hearing. After all I am happy as HC look after this matter. It is really relaxing. I also pray to God to relaxed this upfront margin otherwise small trader with small like us will be really dead from the market.

Anyone can file a case against anybody in this democratic country. In this case, Wisdom Capital has filed a case against Finance ministry and SEBI.

Remember that these two institutions are very powerful and this case is just a eyewash. SC didn’t come forward and file a complaint. Someone has filed (Wisdom) and the court has said that they will look into this matter and mentioned a date (say March 2). Hearing would continue on for months (remember the loan moratorium case) but conclusion won’t be reached anytime soon.

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Let’s hope for the best. Let’s pray to God. May HC do something against sebi. Please God help us.

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Hopefully our children’s children will get to hear the verdict.

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Huummmmmm