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Religare's independent directors have alleged that the Burmans are in material breach of regulatory obligations that may harm the firm. Of the six-member board, five are independent. They are Malay Kumar Sinha, Hamid Ahmed, Praveen Kumar Tripathi, Ranjan Dwivedi and Preeti Madan. The board is led by executive chairperson Rashmi Saluja.
The independent directors of Religare Enterprises Ltd (REL) have written to regulators such as RBI, Sebi and the insurance watchdog, levelling allegations of fraud and other breaches against the Burman family, which had made an open offer in September to acquire control of the company.
Following the order of the National Company Law Tribunal (NCLT), the Centre has nominated six persons, including two BJP leaders, as directors in the general committee of the Delhi Gymkhana Club to manage its affairs.The Ministry of Corporate ...
The Central government on Sunday appointed a six-member Committee to take charge of the Delhi Gymkhana Club, and it has initiated the process of examining the issues associated with the management of its affairs, and prioritised the smooth ...
The Central government on Sunday issued an order notifying the appointment of six directors to the General Committee of the Delhi Gymkhana Club with immediate effect pursuant to an order passed by the NCLT.