Business Standard

Tuesday, December 24, 2024 | 07:41 PM ISTEN Hindi

Notification Icon
userprofile IconSearch

Gitanjali Gems: ICICI Bank places application in NCLT

ICICI Bank approached the Bench and informed them of the lender's wish to see that their security interests are protected whenever the Bench pronounces an order in the matter

Gitanjali gems
Premium

Photo: Kamlesh Pednekar

Advait Rao Palepu Mumbai
ICICI Bank has filed an intervention application in the Union of India (Ministry of Corporate Affairs, or MCA) versus Gitanjali Gems (and others) case, currently being heard at the National Company Law Tribunal (NCLT) in Mumbai.

The MCA has filed a case against Gitanjali Gems under Sections 221,222, 241, 242, and 246 of the Companies Act of 2013.

The special division Bench was hearing applications moved by various respondents in the case, when the counsel for ICICI Bank approached the Bench and informed them of the lender’s wish to see that their security interests, which are laid out in formal

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in