No Promoter Will Accept Safety Net Adopted Under Duress: Berjis Desai
  • Prabha Hegde
  • Jun 21 2013

SEBI is pushing issuers to include a safety net mechanism in upcoming IPOs. With no clear rules on the matter so far, issuers are wary of how this system will work. Noted corporate lawyer and Managing Partner of J Sagar Associates Berjis Desai discusses the same in a Bloomberg TV India exclusive.