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The top court also ordered the official scrutiniser of the company’s annual general meeting (AGM) to pay a fine of Rs 10 lakh for acting in concert with Deepak Chhabria in wilfully flouting the court’s order
Finolex Cables: The top court, however, closed the contempt proceedings against them after taking note of the subsequent resignation by the judicial member and unconditional apology tendered by technical member Srivastava.
The Supreme Court has slapped a contempt of court notice on NCLAT Technical Member Alok Srivastava for defying its order in the Finolex Cables case, which pertains to a legal tussle between cousins Prakash and Deepak Chhabria for control of the compa