The order confirms that a case of oppression and mismanagement under Section 241 and 242 of the Companies Act has been made out by KIL and others petitioners, against KBL, its Board of Directors and Pratima Kirloskar (wife of Sanjay Kirloskar), the statement added.
Kirloskar Family Feud: NCLT Confirms Mismanagement Allegations devdiscourse.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from devdiscourse.com Daily Mail and Mail on Sunday newspapers.
Reliance Retail has become India's biggest brick-and-mortar retailer with over 16,600 stores. It is ranked 56th amongst the top global retailers with $18 billion in revenues and is the world's second-fastest-growing retail company behind only South Korea's Coupang.
Cement, retail, pharmaceuticals and quick commerce were the sectors that witnessed multi-crore deals as players sought to enhance their respective positions in the industry. Get more Economy & Infra News and Business News on Zee Business.
NEW DELHI, Dec 30: As India remained a bright spot in an otherwise gloomy global economic scenario, the country’s corporate sector showed a good appetite for acquisitions in 2022, a year which also saw the downfall of some of its prominent leaders. Cement, retail, pharmaceuticals and quick commerce were the sectors that witnessed multi-crore deals as players sought to enhance their respective positions in the industry. India Inc also lost two of its leaders — former Tata Sons chairman Cyrus […]