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Proxy advisor greenlights Aster's plans to divest Gulf biz - News Healthcare

Proxy advisor greenlights Aster's plans to divest Gulf biz - News Healthcare
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Supreme Court ruling may escalate feud for control of Finolex Cables

The Supreme Court has overturned an interim direction by the National Company Law Appellate Tribunal (NCLAT) in the Finolex Group dispute, allowing Orbit Electricals to participate in the voting at Finolex Cables annual general meeting. The dispute involves the executive control of Finolex Cables between cousins Prakash and Deepak Chhabria. The Supreme Court order grants Orbit Electricals the authority to cast votes related to the appointment of Deepak Chhabria as executive chairperson. ....

Prakash Chhabria , Deepak Chhabria , University Of Western Australia , Indian School Of Business , Kellogg Marketing Leadership Development Program , Institutional Investors Advisory Services Ii , Northwestern University , Stakeholders Empowerment Services , Finolex Group , National Company Law Appellate Tribunal , Finolex Industries , Supreme Court , Equity Program , Offering College , Ingovern Research , Orbit Electricals , Finolex Cable , Finolex Cables , Corporate Journey , Strategic Skill , Private Equity , Ingovern Research , Institutional Investors Advisory Services , Companies Act ,

initial public offering: Proxy advisory firms offer disparate recommendations to Finolex Cables shareholders on re-appointment of Chairman

InGovern Research has suggested that FCL shareholders seek a postponement of the resolution, citing concerns over the adequacy of the notice period. On the other hand, Stakeholders Empowerment Services (SES) has advised shareholders to vote against it, while Institutional Investors Advisory Services (IiAS) has recommended that shareholders vote in favour of the resolution. ....

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