Pil Hearing To Protect Small Investors Postponed To January 22

PIL Hearing To Protect Small Investors Postponed To January 22 14 Jan 2009, 1529 hrs IST, PTI MUMBAI: The Bombay High Court on Wednesday adjourned till January 22 the hearing on PIL seeking measures for protecting small investors in the wake of the Satyam scam, filed by the Investors' Grievances Forum (IGF). BJP leader and a former MP Kirit Somaiya, president of the forum, told reporters that the matter was mentioned before the court today and the counsels for the forum argued the urgency of the case before Chief Justice Swatanter Kumar and Justice D Y Chandrachud. The petitioners have been allowed to serve the notices on the respondents, which include the Institute of Chartered Accounts of India, PricewaterhouseCoopers, the two stock exchanges, Sebi, besides Satyam promoters and former Directors. Advocates Darshan Mehta and Nishant Shashidharan appeared for the petitioners.

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