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2024

NCLAT rejects appeal filed by Deepak Chhabria of Finolex Cables against Orbit Electricals

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The NCLAT has dismissed Deepak and Vini Chhabria's appeal against Orbit Electricals. The tribunal verified the contested board meeting did occur and stated that amendments to the Articles of Association did not need unanimous consent. Upholding the NCLT's earlier decision, the NCLAT refused to intervene in Deepak's vice chairman role at Finolex Cable.