Conclude probe into ITC, LIC allegations against Leela: NCLT to Sebi

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The National Company Law Tribunal (NCLT) Tuesday directed market regulator Sebi to conclude its probe into allegations against Hotel Leelaventure by the company’s two minority shareholders ITC and LIC.

The NCLT’s Mumbai bench comprising V P Singh and Ravikumar Duraisamy said the regulator should conclude its examination on the matter before the next date of hearing, on July 8.

Daily Pioneer
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