Sebi case against dead man finally closed

Mumbai: Markets regulator the Securities and Exchange Board of India (Sebi) last week closed a case against late industrialist Bhadrashyam Kothari, 20 years after initiating a probe against him for alleged violation of its takeover code and five years after his death.The matter pertains to allotment of shares of Reliance Industries (RIL) against warrants to Kothari, the brother-in-law of RIL cha