Karnataka High Court stays Centre's decision to shortlist Satyender Rai for NMDC's Director (Production) post.

Karnataka High Court stays Centre's decision to shortlist Satyender Rai for NMDC's Director (Production) post. Shareholder TK Srinivasan filed a plea challenging the appointment process, arguing it should be an executive action, not under the Companies Act. The court issued notices to the Union of India, Ministry of Steel, and NMDC Ltd, and the next hearing is scheduled for July 2.

June 05, 2024
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