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Wednesday, April 1, 1998

CLB directs Scientific to reply

 
MUMBAI: The Company Law Board (CLB) has asked Allahabad-based Scientific Instrument Company to file its reply to a petition by R P Gupta against the company alleging misappropriation of funds by the company's management.

In its order dated March 3, 1998, the CLB has directed the company to file replies by April 1 and rejoinders by May 5 so that a hearing on the case can begin. A petition by Gupta alleged that Scientific Instrument, a listed company manufacturing microwave components and instruments, has tampered the original and officials documents of company and did not hold any AGM of the shareholders.

Copyright © 1998 Indian Express Newspapers (Bombay) Ltd.



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