NCLT Directs Entertainment City to Register Minority Stake in Favour of Parmesh Construction
Published on: July 5, 2026, 4:11 p.m. | Source: Outlook Business
The NCLT has directed Entertainment City Ltd to register a 4.26% equity transfer in favour of Parmesh Construction Company, a Bhutani Infra Group entity, dismissing Unitech Holding’s objections over alleged shareholder agreement breaches and clarifying that prior decisions to divest 100% equity effectively waived Right of First Refusal claims.
