https://www.taxtmi.com/caselaws?id=395526 The Court dismissed applications seeking early hearing related to the rights issue by Reliance Industries Ltd (RIL) and denied the claim of entitlement to subscribe to RIL's rights shares by applicants claiming ownership through CRB Capital Markets Limited (CCML). Instead, the Court appointed Karvy Stock Broking Limited as a Court Commissioner to sell the rights entitlement of RIL shares held by CCML at the highest available value, ensuring the proper handling of the assets and addressing the applicants' concerns. en-us Wed, 13 May 2020 00:00:00 +0530 Wed, 27 May 2020 10:45:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395526 The Court dismissed applications seeking early hearing related to the rights issue by Reliance Industries Ltd (RIL) and denied the claim of entitlement to subscribe to RIL's rights shares by applicants claiming ownership through CRB Capital Markets Limited (CCML). Instead, the Court appointed Karvy Stock Broking Limited as a Court Commissioner to sell the rights entitlement of RIL shares held by CCML at the highest available value, ensuring the proper handling of the assets and addressing the applicants' concerns. Case-Laws Companies Law Wed, 13 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395526