The Karnataka High Court has invalidated the resolution plan for the takeover of insolvent wood panel and laminates maker Associate Decor, almost four years after lenders approval. The court stated that lenders failed to provide the mandated five days notice in writing before the plan s approval meeting, rendering it unsustainable.
"Deity in the temple cannot even be imagined to be belonging to a few. Worshipping of the deity is to be given to one and all. Any kind of bigotry or discrimination is unacceptable," the Karnataka High Court said.
The complaint alleged that the party had posted two videos during the Bharat Jodo Yatra with songs from the movie without permission, in violation of the Copyright Act