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Market regulator Securities and Exchange Board of India (SEBI) has cautioned investors of fraudsters, who are posing as its officers and extorting money under the pretext of resolving grievances.
An astonishing legal blunder exposed by the Mail will lead to motorists submitting an avalanche of refund claims, an expert predicted last night. Powers used by police and councils to charge drivers for removing and impounding illegally parked vehicles were ‘inadvertently removed due to a drafting error’ in 1991 – and no one noticed until now. Consumer law expert Scott Dixon said the error ‘will open the floodgates to a huge number of challenges, complaints and legal actions’. One Mail reader has already revived a complaint in a bid to get his money back after his car was towed in ...