CLB rejects SUN-Apollo’s petition against Rustomjee; PE firm to approach Bombay HC
The Company Law Board (CLB) has dismissed an ad-interim petition filed by the realty investment firm SUN-Apollo against Mumbai-based developer Rustomjee Group and has asked both the parties to undergo arbitration as defined in their shareholders’ agreement clause,...
A Premium membership gives you:
- Access to all premium articles including exclusives, analyses & commentary.
- Access to archives of over six years.
- Exclusive interviews with top fund managers, CEOs and bankers.