May 2022 \ Cover Story \ COVER STORY—THE GREAT REAL ESTATE LET DOWN
Feuding brother casts shadow on Omaxe

In 2018, the Goel brothers had just begun their war ‘officially’ over the company, Omaxe Limited, followed by Sunil Goel’s move to the National Company Law Tribunal alleging financial mismanagement by his elder brother and founder of the company, Rohtas Goel

The petition filed by Sunil Goel claimed the respondents, including Rohtas Goel, illegally restrained the petitioners from participating in the Annual General Meeting by using force and threats. Further, as per the plea, Rohtas was also involved in the exclusion of the petitioners from the affairs of the company to “gain control over the company and all its subsidiaries in order to financially disable the petitioners”.


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Tags: Real Estate

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