petition against etisalat dropped in india
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Petition against Etisalat dropped in India

Egypt Today, egypt today

Egypt Today, egypt today Petition against Etisalat dropped in India

Dubai - Arabstoday

Etisalat on Sunday said that a petition lodged against it by Majestic Infracon, its Indian joint venture partner, has been withdrawn. "We wish to inform you that Majestic Infracon Private Limited has made an unconditional withdrawal of its petitions against etisalat before India's Honourable Company Law Board," etisalat said in a brief statement posted on the Abu Dhabi exchange website. Majestic Infracon was not immediately available for comment. Etisalat holds 44.73 per cent of Etisalat DB Telecom Pvt Ltd, the Indian joint venture in which Majestic Infracon owns 45.73 per cent. Majestic Infracon is controlled by Shahid Usman Balwa and Vinod Goenka, who are in jail facing charges of cheating, forgery and bribery. Article continues below According to media reports last month, Majestic Infracon told India's Company Law Board, a quasi-judicial body hearing company disputes, that etisalat did not fulfil the obligations agreed upon when the joint venture was formed.

egypttoday
egypttoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

petition against etisalat dropped in india petition against etisalat dropped in india



GMT 12:30 2018 Tuesday ,30 October

Women wrestlers take on tradition in south Iraq

GMT 14:10 2018 Monday ,01 October

Amazon Summit attracts more investments to Bahrain

GMT 05:29 2017 Saturday ,04 February

Russian central bank says rate cut less likely in H1

GMT 16:10 2017 Monday ,10 April

Funeral of church blast victims held in Egypt

GMT 13:01 2017 Thursday ,27 July

Iraqi army prepares for a new operation in Diyala

GMT 10:20 2017 Monday ,20 November

Syrian raids on rebel-held region kill 14 civilians

GMT 04:51 2017 Tuesday ,02 May

Global energy news

GMT 08:02 2015 Tuesday ,22 September

The Russians are saving Assad from Iran

GMT 12:16 2012 Monday ,07 May

Egyptian artefacts return home

GMT 13:17 2016 Wednesday ,17 August

Biles bows out with four gold and name

GMT 04:19 2017 Monday ,08 May

National forces attack mercenaries in Taiz

GMT 20:09 2015 Friday ,11 December

PHCC, Gold Sponsor of the first Gulf Metrology Forum
 
 Egypt Today Facebook,egypt today facebook  Egypt Today Twitter,egypt today twitter Egypt Today Rss,egypt today rss  Egypt Today Youtube,egypt today youtube  Egypt Today Youtube,egypt today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

egypttoday egypttoday egypttoday egypttoday
egypttoday egypttoday egypttoday
egypttoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
egypttoday, Egypttoday, Egypttoday