India’s real estate funds going the way of India’s art funds?
Urgent intervention of @SEBI_India is required in MDS-II of Milestone
Illegally extended for 3rd time without SEBI approval and no response— Sharad Jhunjhunwala (@sharadjhun) August 2, 2016
2 replies on “Extend & Pretend”
Milestone has been taking its investors for a ride by arbitrarily extending MDS II. This is not fair and SEBI needs to urgently intervene.
I have same problem with unitech’s fund. They refuse to call a meeting if unitholders. Trustees are in cahoots… 2nd extension, with no visibility on steps to redemption. I am happy to join fir a legal action.