Pawan Hans sale: Centre to examine NCLT order on key stakeholder - Economic Times


5/16/2022 12:00:00 AM2 years 11 months ago
by Anuradha Shukla

The NCLT had questioned the financial health of the Cayman Islands-based Almas Global Opportunity Fund SPC (AGOF), majority stakeholder in Star9 Mobility Pvt Ltd, the winning bidder for Pawan Hans.

The government will examine a recent order by the Kolkata bench of the National Company Law Tribunal (NCLT) against one of the stakeholders in the group that won the bid for state-owned Pawan Hans be… [+2070 chars]

full article...