Interim resolution professional (IRP) of Go First stated that seeking directions to take possession of the aircraft from the Delhi High Court would be “contrary to law”. Taking possession of the aircraft would stop the airline’s operations and lead to significant losses.
High margin requirements will discourage undue speculation in electricity futures: Sebi Chief Pandey
A high initial-margin requirement will discourage “undue speculation” in the newly-launched electricity futures segment, Sebi chief Tuhin Kanta Pandey said on Friday.