Intentar ORO - Gratis
'Kirloskars must abide by family settlement'
Business Standard
|May 24, 2024
The National Company Law Tribunal's (NCLT's) Mumbai Bench has directed the Kirloskar brothers and their entities to adhere to the family settlement agreement signed in September 2009.
-
The tribunal stated that if Kirloskar Industries Limited (KIL), chaired by Atul Kirloskar, wishes to sell shares of Kirloskar Brothers Limited (KBL), they must first offer them to KBL Chairman and Managing Director Sanjay Kirloskar.
The Kirloskar family is embroiled in a legal battle over group assets, with Sanjay on one side, and his brothers, Atul and Rahul, on the other. The three are sons Chandrakant Kirloskar and grandsons of renowned industrialist S L Kirloskar.
Esta historia es de la edición May 24, 2024 de Business Standard.
Suscríbete a Magzter GOLD para acceder a miles de historias premium seleccionadas y a más de 9000 revistas y periódicos.
¿Ya eres suscriptor? Iniciar sesión
MÁS HISTORIAS DE Business Standard
Business Standard
A broken model
China is unwilling to implement the reforms needed
2 mins
March 10, 2026
Business Standard
Excise policy changes earnings positive for listed liquor majors
Various states have released their new excise policies and the changes could be potentially positive for the liquor industry.
3 mins
March 10, 2026
Business Standard
Hike in pump prices unlikely for now even as Brent tests $120/bbl
State OMCs ‘well-positioned’ to absorb impact; experts flag surge in oil import bill
3 mins
March 10, 2026
Business Standard
Conflict and tariffs dim the shine of Surat diamonds
With the war in West Asia upending global trade, the first part of a series examines how the global diamond hub is grappling with the raging crisis and also tariff uncertainty, even as lab-grown stones reshape the industry
3 mins
March 10, 2026
Business Standard
Missing half in India's growth puzzle
Female labour participation just 42%, among lowest in G20: Axis Bank study
3 mins
March 10, 2026
Business Standard
ECB volumes may grow 25-30% to $65 bn in FY27: Citibank executive
The overseas fundraising pipeline of Indian corporates through loans and bonds appears robust in the upcoming financial year (FY27), aided by a pick-up in capacity utilisation that could eventually spur private capex.
2 mins
March 10, 2026
Business Standard
Flipkart's holding firm back home after Press Note 3 nod for Tencent
Walmart-backed ecommerce firm may target listing in 2026 end or 2027
1 mins
March 10, 2026
Business Standard
A clear derating
Markets risk underperformance if we don’t regain our growth credentials
5 mins
March 10, 2026
Business Standard
Impact of rising crude oil prices on inflation won't be substantial: FM
The impact of the ongoing geopolitical clashes in West Asia and rising global crude oil prices on inflation is not estimated to be substantial at this point, given that India’s inflation is near the lower bound, Finance Minister Nirmala Sitharaman told Parliament on Monday.
2 mins
March 10, 2026
Business Standard
Mkts sink again, volatility surges
Indian equity markets slumped to their lowest levels in over 10 months on Monday after a sharp spike in crude oil prices rattled investors, stoking fears that a fresh bout of higher inflation could erode corporate earnings and slow economic growth.
2 mins
March 10, 2026
Listen
Translate
Change font size