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NCLAT asks DLF to register transfer of shares to investor's legal heirs, imposes cost of Rs 5 lakh
"We note that the appellant (DLF) is a listed company in real estate and is very well aware of legal formalities. By insisting affidavit and indemnity bond again and again, in spite of Letter of Administration issued clearly establish that the Appellants (DLF and Rajdhani Investments) are harassing the poor investors," said a three-member NCLAT bench.
- Ex-Paytm staff Sonia Dhawan joins SAIF Partners
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Swaminathan Aiyar on should charitable trusts be allowed to exert corporate control- GE T&D India appoints Pitamber Shivnani as CEO & President
- PMC Bank scam: HC sets up panel for sale of HDIL assets
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Corporate Trends
NCLAT asks DLF to register transfer of shares to investor's legal heirs, imposes cost of Rs 5 lakh- Ex-Paytm staff Sonia Dhawan joins SAIF Partners
- With 3 big exits, 2019 was marque year for Pierre Omidyar in India, says MD Roopa Kudva
- Jeff Bezos meets industry captains, concludes 3-day India visit
- 'Singapore companies increasingly collaborating with Indian counterparts'
Deals
- Cultural Integration Takes Lead in M&As
- IIFL buys controlling stake in KadaiEshwar Housing Finance for Rs 100 crore
- Cognizant buys Advanced Technology Group for undisclosed amount
- Sequoia Capital backed, Prataap Snacks Ltd to acquire 80% equity stake in Rajkot-based Avadh Snacks Private Ltd for Rs.148 crores
- ChrysCapital in advanced talks to buy stake in Dr Agarwal's Health Care
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