Madhya Pradesh HC paves way for holding Religare AGM, Legal News, ET LegalWorld
The Madhya Pradesh High Court on Thursday dismissed a public interest litigation (PIL) that had stalled the annual general meeting (AGM) of Religare Enterprises (REL). The division bench, comprising Chief Justice Suresh Kumar Kait and Justice Vivek Jain, ruled that the petitioner was not a shareholder of REL and, therefore, was not an aggrieved party […]
Madhya Pradesh HC stays Dec 31 AGM of Religare Enterprises, Legal News, ET LegalWorld
Madhya Pradesh High Court has stayed the annual general meeting of Religare Enterprises Ltd (REL) scheduled for December 31 amid a tussle between the company’s Chairperson Rashmi Saluja and the Burman family over the open offer. “Till further orders, the notice dated December 9, 2024 and the Annual General Body Meeting of Respondent No. 7 […]
Anastasia Oberoi files plea for stay on Today’s Hotel Biz AGM agenda, ET LegalWorld
In an ongoing Oberoi group family inheritance tussle, Anastasia Oberoi, daughter of late PRS Oberoi, moved a fresh plea in the Delhi High Court seeking stay on various agendas, including retirement and re-appointment of her siblings Vikramjit Singh Oberoi, Natasha Oberoi and cousin Arjun Singh Oberoi as directors of Oberoi Hotels and Oberoi Properties, in […]
Proxy advisory firm InGovern raises concern over delay in Religare AGM, ET LegalWorld
Proxy advisory firm InGovern has raised concern over Religare Enterprises postponing its 40th annual general meeting “without any valid reason” and has sought a Sebi probe into the circumstances surrounding the delay. The regulator may examine the decision-making processes that led to the delay, as well as the company’s actions regarding share allotments and Employee […]
Delhi High Court challenges extension of Religare Enterprises AGM amid corporate governance concerns, ET LegalWorld
The Delhi High Court on Wednesday sought responses from the Registrar of Companies (RoC) and Religare Enterprises Ltd (REL) on an appeal by Burman group entities led by M.B. Finmart challenging three-month extension given to REL to hold its 40th annual general meeting (AGM) for the financial year ending March 2024. A Division Bench comprising […]
No restrictions on Godfrey Philips AGM as Delhi HC denies Ruchir Modi’s plea to block grandmother Bina Modi from voting, ET LegalWorld
The Delhi High Court on Thursday rejected the Ruchir Modi’s plea seeking to restrain his grandmother Bina Modi from voting at the 87th AGM of Godfrey Philips scheduled for September 6 at 2.30 pm. However, Justice Naveen Chawla said that Bina must file an affidavit on half-yearly basis the amount of renumeration and other benefits […]
NCLAT declines to change Finolex’s AGM outcome, ousting Deepak Chhabria, ET LegalWorld
The National Company Law Appellate Tribunal has given a go-ahead to the outcome of the AGM of Finolex Cables, wherein shareholders voted against the reappointment of Deepak Chhabria on the company’s board. A two-member bench of the appellate tribunal said the consolidated scrutinizer’s report of the AGM of Finolex Cables Ltd (FCL) reflects that 72.34 […]