NCLT restrains RHC Finance from exercising voting rights in Religare Enterprises
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Religare Enterprises, under the new management, filed a petition before the NCLT seeking cancellation of 2.5 crore Non-Convertible Redeemable Preference Shares (NCRPS) that were issued to RHC Finance, claiming them to be "void ab initio" and "unlawful".
via Economictimes
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