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Shareholder moves HC for appointment of administrator for LVB

Shareholder moves HC for appointment of administrator for LVB  

29 Sep, 2020  

Chennai, Sep 29 (IANS) A minority shareholder and a retired senior manager of the Lakshmi Vilas Bank (LVB) has moved the Madras High Court to direct the Central government, the Reserve Bank of India (RBI) and the Securities and Exchange Board of India (SEBI) to suspend the board of the private bank and appoint an administrator.




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