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Insolvency tribunal NCLT has directed Entertainment City to register a 4.26% equity transfer to Bhutani Infra Group entity Parmesh Construction Company, dismissing opposition by JV partner Unitech Holding over alleged shareholder agreement violation. Parmesh Construction Company Ltd (PCCL) had acquired 3.70% and 0.56% stake from minority investors IIRF Holdings V Ltd and Vistra ITCL (India) Ltd, respectively.
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