BENGALURU: Holding that the petitioners need to face trial, the high court has refused to quash proceedings in a criminal case registered against the MD and directors of a private company.
The Securities and Exchange Board of India (Sebi) had registered the complaint in March 2016 against Kaveri Telecom Products Ltd, Bengaluru, which is engaged in the manufacture of wireless telecommunication products, its MD C Shivakumar Reddy and five other directors.
