Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
SEBI Returns Coworking Space Provider Dev X’s IPO Papers
SEBI returned the IPO papers of co-working space provider Dev X. The reason for the rejection is not specified, but it suggests potential issues with the IPO application or disclosures. Dev X will need to address these concerns before resubmitting its draft prospectus. This highlights the rigorous scrutiny SEBI applies to IPO applications.