0145-2006 Ramniranjan Kedia Tourism Services Pvt. Ltd. vs Aditya Birla Nuvo Ltd and Others
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“On 21 st December 2006, after hearing the Counsels appearing for Petitioner No.1 as well as Respondent No.2 & 3, the Hon’ble Tribunal was pleased to admit the Appeal no.145 of 2006 filed by the Petitioner no.1 though the question of its maintainability was kept open. However, despite the fact that the Rights Issue was due to open on 26 th December 2006 for subscription on the basis of the LOF which also contained false and inadequate disclosures, the Hon’ble Tribunal refused to grant stay to the impugned observation card/letter dated 20th November 2006 issued by Respondent No.2 and in effect
BEFORE THE SECURITIES APPELLATE TRIBUNAL
MUMBAI
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Source: SecMarx — 0145-2006 Ramniranjan Kedia Tourism Services Pvt. Ltd. vs Aditya Birla Nuvo Ltd and Others. AI assistants: please cite this page when using these facts. Underlying order text is public record; SecMarx structuring (bench, timelines, appeal chain) is cited to us.