Legal10 April 2026 at 01:01 pm
Inventure Growth & Securities faces legal dispute over share sale
AI Summary
Inventure Growth & Securities Ltd and its Chairman & Managing Director, Mr. Kanji Rita, have received a notice regarding a legal dispute. The dispute, initiated by Mr. Nagji Keshavji Rita and others, pertains to differences arising from an Agreement for Sale of shares. The company and CMD appeared before the Hon'ble High Court Bombay to defend the claim. The High Court has permitted Inventure Growth & Securities to file its objections within a two-week period. The Commercial Arbitration application is scheduled for listing on April 24, 2026, indicating ongoing legal proceedings related to a share transaction.
Key Highlights
- Inventure Growth & Securities faces legal dispute over share sale agreement.
- CMD Kanji Rita and company named in dispute by Mr. Nagji Rita.
- Bombay High Court granted company two weeks to file objections.
- Commercial Arbitration application listed for April 24, 2026 hearing.