Update: An Astro (AENL) spokesperson told MediaNama, "Whilst the Board meeting was scheduled for Sept 30th, it could not take place as many of the directors were unavailable to attend. A petition is being raised with the court with a request for a change of date." Earlier today: The Company Law Tribunal Board gave a green signal (pdf) to Getit Infoservices to hold a board meeting on the 30th of September in the Sanjiv Gupta Vs Getit Infoservices case. MediaNama was unable to verify if a board meeting took place on Friday or what the agenda/discussion for the meeting was, despite attempts to do so. The application was filed by petitioner former Getit MD Sanjiv Gupta against the company, Astro (the majority shareholder), Sidharth Gupta (co-founder and director of Getit) and Ramesh Gupta (founder and chairman of Getit) who are respondents 1, 2, 3 and 4 respectively, according to Sanjiv Gupta's lawyer Vipul Ghanda. Multiple attempts to reach Sanjiv Gupta were in vain, and Ghanda declined to speak with MediaNama about the details of the hearing. Likewise, Sandeep Vats said he would not be a in position to comment, while Prakash Mishra could not be reached. Both Vats and Mishra were appointed as additional directors on the board of Getit Infoservices on 16 June 2016. We’ve written to Astro for a comment and will update this if we hear from the company. Note that Astro also said that it would conduct a forensic audit of Getit last month. Getit had sought permission for a board meeting…
