Supreme Court Allows Disinvestment of Residual Stake in Hindustan Zinc Limited, Orders CBI Probe (18 November 2021)

/ B V Nagarathna, Companies Act, Companies Act with Section 2(45), Companies Act with Section 617, Dhananjaya Y Chandrachud, Judges, Metal Corporation (Nationalisation and Miscellaneous Provisions) Act 1976, Metal Corporation (Nationalisation and Miscellaneous Provisions) Act 1976 with Section 4(1), Metal Corporation (Nationalisation and Miscellaneous Provisions) Act 1976 with Section 7

Supreme Court Allows Disinvestment of Residual Stake in Hindustan Zinc Limited, Orders CBI Probe LEGAL ISSUE: Whether the Union Government can disinvest its residual shareholding in Hindustan Zinc Limited (HZL) without amending the Metal Corporation (Nationalisation and Miscellaneous Provisions) Act 1976, and whether a CBI enquiry is warranted into the disinvestment of 26% of HZL’s […]

Supreme Court Allows Disinvestment of Residual Stake in Hindustan Zinc Limited, Orders CBI Probe (18 November 2021) Read Post »