Abu Dhabi-based telecommunications firm Etisalat on Monday said its Indian mobile phone joint venture partner has withdrawn a petition filed against the company before India's Company Law Board.
Majestic Infracon Private Ltd, which owns about 45.73 percent of the joint venture, made an 'unconditional withdrawal' of its petitions, Etisalat said in a bourse statement without specifying any additional details.
The Company Law Board is an independent quasi-judiciary body that rules on corporate matters.
No comments:
Post a Comment