Madras High Court refused to direct National Company Law Tribunal to urgently hear plea by Karti P Chidambaram. Court held constitutional courts should avoid fixing timelines except in exceptional circumstances.
The Supreme Court of India dismissed appeals by minority shareholders of Bharti Telecom Limited challenging its share capital reduction. Justices Sanjay Kumar and K. Vinod Chandran held share valuation is an expert matter under the Companies Act, 2013.
