"Hazardous for courts to enter into expert domain:" Bombay High Court dismisses Srei Group shareholder plea against RBI

Adrisi Commmercial had sought quashing of the order through which RBI appointed an administrator superseding the board of directors of SREI and press release indicating initiation of insolvency proceedings.
SREI
SREIoutlookindia.com

The Bombay High Court last week dismissed a petition filed by a promoter of Srei group challenging an order of the Reserve Bank of India (RBI) through which it had appointed an administrator superseding the board of directors of the Company.

Loading content, please wait...
Bar and Bench - Indian Legal news
www.barandbench.com