I was going through the DHRP of the company. As mentioned at the start of the thread, there are some criminal litigation against the company and against one of the director.
Two FIRs are against the company in 2016.
And two complaints are against one of the director, one was in 2011 and second was in 2018. In 2011 complaint, there seems to be corporate governance issue as the allegation is of criminal conspiracy for the transfer of 14.5 million shares.
All four cases are pending as per DHRP. Does any members know the current status of these litigation or whether company has given any update?
Disclosure: Not invested.
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