The said shareholder had opposed the decision, citing suspension of the company’s stock from trading before the case was admitted in NCLT which had caused him a financial loss. “But the irony is that the court has already heard the shareholder in July and even in that case no order has been passed. So, we are moving in circles,” said a second person cited above.
16th Finance Commission seeks public opinion on terms of reference
The 16th Finance Commission requests input on terms of reference. Flexibility granted by the Centre. Recommendations on grants and consolidated fund are vital, due by