{"id":858011,"date":"2024-09-21T08:07:59","date_gmt":"2024-09-21T02:37:59","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=858011"},"modified":"2024-09-21T08:13:49","modified_gmt":"2024-09-21T02:43:49","slug":"nclt-dismisses-philips-india-plea-to-buy-minority-stake-over-valuation-gap","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/21\/nclt-dismisses-philips-india-plea-to-buy-minority-stake-over-valuation-gap\/","title":{"rendered":"NCLT dismisses Philips India plea to buy minority stake over valuation gap"},"content":{"rendered":"<p>The National Company Law Tribunal has dismissed the petition by Philips India to buy out the remaining 3.87 per cent from its minority shareholders, observing a &#8220;huge difference&#8221; between values determined by the company-appointed valuer and its minority investors. <\/p>\n<p>The Kolkata bench of NCLT though agreed with the &#8220;discounted cash flow method&#8221; adopted by the valuers appointed by Philips India and its minority shareholders but pointed out a &#8220;huge difference&#8221; between the price of the share determined by them.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Company Law Tribunal has dismissed the petition by Philips India to buy out the remaining 3.87 per cent from its minority shareholders, observing a &#8220;huge difference&#8221; between values determined by the company-appointed valuer and its minority investors. The Kolkata bench of NCLT though agreed with the &#8220;discounted cash flow method&#8221; adopted by the valuers appointed by Philips India and its minority shareholders but pointed out a &#8220;huge difference&#8221; between the price of the share determined by them.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-858011","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/858011","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=858011"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/858011\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=858011"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=858011"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=858011"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}