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Kolkata, Oct 31 (PTI) The Calcutta High Court today stayed an injunction by AAIFR (the apellate authority of BIFR) against a Rs 50 crore rights issue offer by Jessop and Company Limited and gave the go ahead for the rights issue in the interim.
Publication: PTI - The Press Trust of India Ltd. Publication Date: 31-OCT-05 |
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COPYRIGHT 2005 Asia Pulse Pty Ltd
Vacation judge Justice Soumitra Sen, in an ex-parte order, stayed the injunction of AAIFR for four weeks and directed that the matter would appear before a regular bench.
Lawyers for Jessop, Bikash Ranjan Bhattacharya and Abhrajit Mitra argued that Titagarh Industries, which had challenged the rights issue, had no...
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