Max Group chairman rejects media reports about plea before NCLT

Analjit Singh says company will contest allegations of corporate governance.

Analjit Singh, founder and chairman of Max Group, has rejected media reports about a petition filed before the National Company Law Tribunal (NLCT) regarding an unlisted promoter entity.

Singh referred to reports saying that his wife has filed a suit before the NCLT, alleging that she was facing shareholder oppression at a group holding company and accused its directors, including her husband, of mismanagement.

“Our attention has been drawn to the malicious and partisan coverage, in some quarters of the media, of the petition filed against Max Ventures Investment Holdings Private Limited--an unlisted promoter entity with shareholding in the listed entities Max