Chandigarh State Commission Holds Debenture Trustee And Credit Rating Agencies Of DHFL Liable For Failure To Protect Investors' Interest

The Chandigarh State Commission has held "debenture trustees and credit rating agencies of DHFL liable" for "failing to protect investors' interests." The commission's decision, which is a significant victory for the consumer, was made on the grounds that the company's claim was not supported by evidence. The ruling clarifies that a company can be held responsible for the misdeeds of another person. The court’s decision is a crucial reminder to all that they must be diligent in their dealings.