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Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitration
The Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier orders from the National Company Law Tribunal and Appellate Tribunal. The case concerns allegations of asset stripping and financial losses to shareholders. The arbitration will take place in Delhi.
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economictimes.indiatimes.com
Jindal Poly Films dispute, India's first class action suit, sent by Supreme Court to arbitration
The Supreme Court has sent a minority shareholder dispute involving Jindal Poly Films to arbitration. This decision overturns earlier orders from the National Company Law Tribunal…
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thehindubusinessline.com
Jindal Poly Films minority shareholders weigh options on dismissal of class action suit by SC
Minority shareholders of Jindal Poly Films assess options after Supreme Court dismisses class action suit, raising concerns over investor rights.