https://www.taxtmi.com/caselaws?id=103789 The court emphasized the need for legislation to safeguard the interests of small investors in Collective Investment Schemes and Plantation Companies. It directed the State Government to promulgate an Investor Protection Act, similar to Tamil Nadu and Goa, to protect investors from fraudulent activities by companies. The court issued interim orders to protect investors' interests, including cautioning against investing in schemes without proper credit ratings and seizing properties and bank accounts of companies. SEBI was tasked with regulating companies with low credit ratings and ensuring investors are aware of associated risks. The judgment concluded by expecting the Central Government to enact laws to protect small investors and directing the State of Maharashtra to implement court orders regarding land transfers and investment schemes. en-us Wed, 18 Nov 1998 00:00:00 +0530 Fri, 24 Feb 2012 16:24:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103789 The court emphasized the need for legislation to safeguard the interests of small investors in Collective Investment Schemes and Plantation Companies. It directed the State Government to promulgate an Investor Protection Act, similar to Tamil Nadu and Goa, to protect investors from fraudulent activities by companies. The court issued interim orders to protect investors' interests, including cautioning against investing in schemes without proper credit ratings and seizing properties and bank accounts of companies. SEBI was tasked with regulating companies with low credit ratings and ensuring investors are aware of associated risks. The judgment concluded by expecting the Central Government to enact laws to protect small investors and directing the State of Maharashtra to implement court orders regarding land transfers and investment schemes. Case-Laws Companies Law Wed, 18 Nov 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103789