In a recent ruling, the Allahabad High Court ruled that a trial court lacks the authority to take up a case in which a broker is accused of misappropriating investor funds. The case had come up in the court of judicial magistrate, Agra. The verdict is significant as it involves share brokers and investors
A research project traced cases from the initial filing of the FIR to its outcome in courts. It found that male complainants who register cases on behalf of their woman friends or relatives were less likely to “face burdens or exclusions” than if a woman was listed as a primary complainant