NCLT restrains RHC Finance from exercising voting rights in Religare Enterprises - Business News: Latest Share Market , Economy & Finance News | Trendmergers

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NCLT restrains RHC Finance from exercising voting rights in Religare Enterprises

Religare Enterprises, under the new management, filed a petition before the NCLT seeking cancellation of 2.5 crore Non-Convertible Redeemable Preference Shares (NCRPS) that were issued to RHC Finance, claiming them to be "void ab initio" and "unlawful".

from Industry-Economic Times
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