Subramanian Swamy moves Delhi HC against Axis Bank, Metlife for allegedly making gains from sale of equity share aninews.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from aninews.in Daily Mail and Mail on Sunday newspapers.
Senior Advocate Raj Shekhar Rao and Advocates Satya Sabarwal and Tanya Arora appeared for the petitioner Subramonium Swamy and Senior Advocates Mukul Rohatagi, Rajeev Nayyar and Neeraj Kishan Kaul appeared for the respondents side, in the matter.
Get latest articles and stories on India at LatestLY. Former Rajya Sabha MP Subramanian Swamy on Thursday moved the Delhi High Court seeking direction to form a Committee consisting of experts to investigate alleged fraudulent acts of M/s Max Life Insurance Co. Ltd and M/s Max Financial Services Ltd in allowing their shareholder/Axis Bank Ltd and its group companies viz. Axis Securities Ltd and Axis Capital Ltd to make undue profits/gains from the purchase and sale of equity shares of Max Life in non-transparent manner. India News | Subramanian Swamy Moves Delhi HC Against Axis Bank, Metlife for Allegedly Making Gains from Sale of Equity Share.
BJP leader Subramanian Swamy sought direction to form a committee of experts to investigate alleged fraudulent acts of M/s Max Life Insurance Co. Ltd and M/s Max Financial Services Ltd in allowing their shareholder/Axis Bank Ltd and its group companies “to make undue profits/gains…”