Lone Star subsidiary approaches NCLT alleging oppression and mismanagement in RattanIndia Finance

LSF 10 Rose Investments, a subsidiary of Lone Star and an investor in the company, has argued in its petition before the tribunal that the respondents have already put the finance of the company at grave risk by creating unauthorised liens for the benefit of unknown third parties to the tune of about ₹160 crore.

via Economictimes