The CLB advised the respondents, in an interim order on April 9, to refrain from selling or creating any third party interest in the property. The respondents include M Shivaram, Chairman and Managing Director of Aruna Hotels; Kartick Shivaram, Executive Director; and the Directors S Kalyanam, CL Ravichandran, and Kamal Babbar. The 1.2 acre property [...]
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