SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Kerala HC seeks Centre’s response on plea challenging move to introduce LDAR in Lakshadweep

28 May 2021 Evaluate

The Kerala High Court (HC) today sought the response of the Central government on a PIL challenging the Lakshadweep administration's move to introduce Lakshadweep Development Authority Regulation 2021 (LDAR) and the Prevention of Anti-Social Activities Act (PASA) in the islands.

Considering a PIL filed by Congress leader K P Noushad Ali that challenged the execution of the LDAR and the PASA. The court declined to stay the operation of LDAR and PASA but the HC directed the Centre and Lakshadweep administration to respond within two weeks.

K P Noushad Ali submitted that the residents of islands are against to the LDAR and the creation of a Lakshadweep Development Authority (LDA) that issued by the administration and also, he alleged that PASA gives powers to the administration to detain a person without any public disclosure for a period of up to one year.

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×