A former Chief Executive Officer (CEO) of Bahwan CyberTek group of companies has approached the Madras High Court alleging that its Oman-based chairperson had coerced him at her Dubai villa to resign from the directorship of 39 companies for reportedly causing a loss of $76 million. These companies are located in India, Singapore, Brunei, Taiwan, the United Kingdom, Australia, Oman, United Arab Emirates, Qatar, and the United States.
Justice N. Senthilkumar Ramamoorthy has entertained a civil suit filed by Durgaprasad Shanmugam and granted an interim injunction restraining the chairperson, Sheikha Hind Suhail Al Mukhaini Bahwan, from implementing a ‘settlement agreement’, through which the plaintiff had also given away his shareholding in those companies and had agreed to cede his other personal properties to cover the alleged losses.
The interim injunction was granted after hearing senior counsel P.S. Raman and A.K. Sriram for the plaintiff and senior counsel Satish Parasaran and Srinath Sridevan for the chairperson and the group’s global head of finance. The judge agreed with Mr. Raman and Mr. Sriram that the plaintiff had made out a prima facie case for the grant of interim injunction until the next date of hearing on March 23, 2026.
