Valli Arunachalam accuses Murugappa family members of delaying tactics in NCLT
Valli Arunachalam accuses Murugappa family members of delaying tactics in NCLT
Valli, her sister and their mother, MV Valli Murugappan, have moved the Chennai bench of NCLT seeking waiver of the minimum 10% shareholding required to ensure the alleged oppression and mismanagement case against AIL is maintainable. They have also sought board representation or alternatively for its 8.21% stake in AIL to be bought out.