Why K'taka HC Deemed Diageo Deal Void
  • Elizabeth George
  • Dec 27 2013

December 27: The Karnataka High Court has observed that the UBHL-Diageo transaction is not bonafide as facts had been suppressed. The company court had no jurisdiction to pass order, they say, adding that no petition was made. Watch Bloomberg TV India discuss the court's scathing comments on the UBHL-Diageo deal.