on 10 Jun 2014
Parekh Aluminex will hold a meeting of the Board of Directors of the Company on 10 Jun 2014 to consider to hold Extra Ordinary General Meeting of the Company, to discuss the company's performance and the need of further working capital, to consider and approve resignation of auditors of the Company and to consider proposal for appointment of new auditors, to discuss the various summary suits, winding up petitions by the creditors and take appropriate actions, to discuss the facilitation required for the TRA Account, to discuss company's efforts to recover the non-performing debtors & non-moving stocks, to discuss the letters/assignments sent by the lenders advocates to various peoples to whom moneys are given, to consider the proposal sent by the group of Investors to appoint the investors nominees on the board and to consider simultaneous resignation of Mr. Deepen Parekh, and to consider various settlement proposal received from the people whom the company has given the moneys.Powered by Capital Market - Live News