Dear Experts,
Iam writing this message on behalf of the 2 Lakh shareholders of the cals refiniries,we had invested into the cals refiniries because in future we will get good returns,company is going to setup the refinery by 2015-2018
The company has got Hardt group as the core investors who will help in setting up the refinery,so the company and Hardt group have a deal and the deal is that, instead of the equity the company will import second hand refinery from the Hardt Group.
SEBI is the stockmarket watchdog,on sept 21 2011 sebi ban cals refiniries from raising further equity because they found manipulation of shares and they are investigating the matter for the last 13 mths and the investigation is still going on...company has attend all the personal hearing held by the sebi and the company rubbishes all the claims,,,,,,due to the ban, company project is stuck from the last 13 mth....
SEBI is setup to protect the investors but according to us they are ignoring the investors and take decision without keeping investors in mind,they ban,suspend companies without informing the investors and we all see the effect of the ban,suspension on the investors that is huge loss of wealth,at present 90% of the wealth has been wash away due to the sebi ban,when sebi ban cals refiniries dated sept 21 2011 the share price was 0.37 and now it is 0.13,we 2 lakh shareholders is in coma from the last 13 mths or so,we face huge loss due to the sebi ban and we all are waiting for the sebi outcome....
We want to file an PIL on the SEBI for taking so much time in the investigation and making the innocent investors to suffer....
Iam from mumbai,so how much would be the total fees the advocate will charge for the PIL,please help the innocent investors,,,they will bless you....
