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DTH News: Essel, Videocon DTH merger in legal dispute over pledged shares - Printable Version

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Essel, Videocon DTH merger in legal dispute over pledged shares - Sathish - 12-18-2018

A merger between the DTH arms of VideoconNSE 4.76 % and Essel groups, which took place in March 2018, is now the subject of a legal dispute in the Delhi High Court.

In a case filed on 31 August of 2018 a Videocon group company has claimed that Essel group unlawfully invoked pledges on certain Videocon D2H shares that were placed in their custody. The Dhoots and Chandras are related to each other by marriage. Further, Videcon has levelled serious allegations against a company called Nity ..

Read more at:
economictimes.indiatimes.com/articleshow/67138892.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst