NCLAT rejects appeal filed by Deepak Chhabria of Finolex Cables against Orbit Electricals, ET LegalWorld
The National Company Law Appellate Tribunal (NCLAT) has rejected an appeal filed by Deepak Chhabria and his wife, Vini Chhabria, against Orbit Electricals Private Limited. Orbit Electricals holds a 30.70% stake in Finolex Cables and an 18.80% stake in Finolex Industries. Deepak’s cousin Prakash Chhabria is the biggest shareholder of Orbit Electricals with about 78% […]