Court : Company Law Board CLB
Decided on : Apr-21-1993
Reported in : (1995)84CompCas838
..... resorting to legal proceedings and the third strategy was to directly negotiate with rda, usa for setting up a separate company to take away the business of rdil. explaining the rationale behind the desubsidiarisation of samrat, shri mukhi pointed out that it was essentially a defensive action as the respondent directors, having got the majority over the holding company, were already .....Tag this Judgment!