ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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MINI-STEEL-Raw Material Problems

especially, as regards information, liquidity and efficient service. Measures outlined to achieve these objectives cannot be faulted. But to think that high standards of integrity and fair dealing in the conduct of business can be promoted through legislation, no matter how comprehensive, would be an oversimplification of a complex social and economic phenomenon. Fortunes of in- vestors are closely linked with the performance of the companies in which they have invested their savings. Risk is inherent in equity investment. Few can have any doubt that the listing of a security on the stock exchange does not necessarily imply liquidity. Shares which have not been traded for over a year make a formidable list. All this does not detract in any way from the measures SEBI proposes to take to protect the interests of investors.

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