Marked 6 hours 48 minutes ago onto NCLT Directs Entertainment City to Register Minor…
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The NCLT has clarified that Entertainment City Ltd must recognise Parmesh Construction Company Ltd as a shareholder after it bought stakes from IIRF Holdings and Vistra ITCL. Unitech Holding Ltd’s challenge was based on alleged breaches of shareholder agreements and notice requirements It was dismissed as the tribunal ruled that prior decisions to divest the entire equity nullified such objections.
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