‘Shot in the dark’, says court as it rejects Avantha’s allegations against KKR
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‘Shot in the dark’, says court as it rejects Avantha’s allegations against KKR

By Ranjani Raghavan

  • 19 Aug 2020
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‘Shot in the dark’, says court as it rejects Avantha’s allegations against KKR
Credit: Thinkstock

The Delhi High Court has dismissed a petition by Avantha Holdings Ltd against KKR & Co. that accused the private equity firm of market manipulation and illegally taking a direct stake in CG Power & Industrial Solutions Ltd. The court also declined to prevent Vistra ITCL (India) Ltd, a debenture trustee, ......

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