India: Rajputana Properties, a subsidiary of Dalmia Bharat, has requested that the Supreme Court consider a review of its decision to dismiss a plea challenging the National Company Law Appellate Tribunal's (NCLAT) order allowing UltraTech Cement to acquire Binani Cement. The Supreme Court is scheduled to consider the review request in early January 2019, according to the Financial Express newspaper. UltraTech Cement declared that Binani Cement was its subsidiary in November 2018 following a protracted legal battle with Dalmia Bharat. It changed its name to UltraTech Nathdwara Cement in December 2018.
Dalmia Bharat subsidiary seeking judicial review in Binani Cement case
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