Kolkata, Feb 19: After a brief lull, the `new takeover tycoon,' Mr Arun Bajoria is back in action and is set to demand Mr Nusli Wadia's removal from the board of Bombay Dyeing Limited at the Company Law Board (CLB) hearing on March 12.The jute baron said on Monday, "Yes, I have received an intimation from CLB for a hearing on March 12 and there I will demand Mr Wadia's removal from the board of the company. Mr Bajoria said, "I had filed a case with the CLB under sections 396 and 397 for mismanagement in Bombay Dyeing by Mr Nusli Wadia and will demand his removal from the Board."
Mr Bajoria said he would also demand appointment of an external auditor to probe instances of `mismanagement' by Mr Nusli Wadia in the company.
Copyright © 2001 Indian Express Newspapers (Bombay) Ltd.
