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Murli M Chandak & Co declared defaulter

Our Bureau

Kolkata , April 6

CALCUTTA Stock Exchange has declared Murli M Chandak & Co as defaulter and expelled it from membership.

The firm did not comply with several arbitration awards and failed to honour its commitment to clients/investors. It also neglected to pay dues to the exchange. Its membership card (No. 1140) has been forfeited by the exchange.

CSE, in a notice sent to members on Tuesday referring to Article 29 of its Articles of Association, also noted that the firm did not settle the bad delivery cases that were pending.

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Murli M Chandak & Co declared defaulter

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