Sunil Goel gets NCLT nod to inspect Omaxe holding co's records

Our Bureau New Delhi | Updated on November 21, 2018 Published on November 20, 2018

The National Company Law Tribunal Chandigarh has directed Guild Builders — the holding company of Omaxe — to allow former Omaxe MD Sunil Goel to inspect the records/registers of the company during business hours and take extract copies of documents as per Section 171 of the Companies Act.

Earlier, NCLT had issued a notice to Omaxe Group Chairman Rohtas Goel over alleged financial mismanagement in the company on the basis of a complaint filed by his younger brother Sunil. On September 19, Sunil, who has 20 per cent share (second largest) in the firm, approached the NCLT, seeking his reinstatement as director of the company and status quo on the firm’s shareholdings. The NCLT Bench will next hear the case on December 21.

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

Published on November 20, 2018
This article is closed for comments.
Please Email the Editor