DELHI
HIGH COURT TO HEAR ICFAI APPEAL -
STUDENTS’ INTERESTS PROTECTED
The Institute
of Chartered Financial Analysts of India (ICFAI) has filed an Appeal before the
Hon’ble Division bench of Delhi High Court against the order of interim
injunction dated 04.8.2006 granted by the Trial Court (Hon’ble Single Judge)
in a suit filed by AIMR.
The
Hon’ble Court while granting of injunction directed that,
“this
order of injunction will not come into effect till the end of current Academic
session of the CFA Programme run by ICFAI, nor will anything said herein will
mean final expression of the opinion of the court”.
Presently,
the interests of the students are well protected.
ICFAI
firmly believes that it has strong grounds of Appeal and every chance of success
before the Hon’ble Division Bench of the Delhi High Court. Notices have been
issued in the appeal, and the appeal is likely to be heard and disposed off in
the immediate future.
Sd/-
R
S Prasad
Sr
Manager – Media Communications
9908383338