Raymond Independent Directors Say No Law Requires Them To Investigate Matrimonial Disputes menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
Independent directors of Raymond Ltd on Friday said they are monitoring the situation arising out of the matrimonial dispute of company s Chairman and Managing Director Gautam Singhania to ensure it does not affect his capacity to manage the affairs and business of the firm. In a joint communication shared on BSE by the company, the independent directors also said they have decided to retain Berjis Desai, a senior independent legal counsel, who has no links with promoters or the company, for advising them.
While maintaining that they are alert to ensure that the marital disputes between the two promoter directors do not affect the company, independent directors (IDs) of Raymond Ltd decided to retain senior counsel Berjis Desai to advise them.
IiAS urges Raymond's independent directors to probe assault allegations - Industry News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.