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.
Mcap of top-10 most valued firms slumps Rs 4.95 lakh cr; TCS, Reliance hardest hit
The combined market valuation of all the top-10 most valued firms plunged Rs 4,95,061 crore last week, in line with a bearish trend in equities,