Bombay HC stays Invesco's demand to call EGM, Big relief to ZEEL

In a major setback to the China-backed company amid the ZEEL-Invesco matter, the Bombay High Court on Tuesday stayed the convening of the Extraordinary General Meeting (EGM) of shareholders. Actually, ZEEL had filed a petition against calling this meeting, on which this decision has been out.

Oct 26, 2021, 16:18 PM IST