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INDIA'S DCA SETTLES 170 INDIVIDUAL INVESTOR COMPLAINTS IN NOV.

AsiaPulse News

| January 01, 2002 | COPYRIGHT 2002 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

NEW DELHI, Jan 1 Asia Pulse - India's Department of Company Affairs (DCA) has settled 170 complaints till November, 2001 mostly belonging to individual investors, even as it approved the schemes of demerger of five ITDC hotels.

During the month, the DCA had approved the schemes of arrangement/demerger in respect of five hotel properties of the state-owned ITDC at Bangalore, Manali, Hassan, Bodhgaya and Madurai, an official statement said.

The schemes in respect of hotel properties at Agra and Mamallapuram were not approved, it said, adding that the ITDC was asked to issue a fresh ...

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Source: HighBeam Research, INDIA'S DCA SETTLES 170 INDIVIDUAL INVESTOR COMPLAINTS IN NOV.

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