NCLT bars Gammon's Abhijit Rajan from leaving India


The Mumbai bench of the National Company Law Tribunal (NCLT) has asked Abhijit Rajan, promoter and non-executive chairman of infrastructure construction firm Gammon India Ltd, and four other directors of the company not to leave the country without obtaining the permission of the authorities concerned. The other four directors of the Mumbai-based company are executive director Anurag Choudhary and non-executive directors Urvashi Saxena, Naval Choudhary and Atul Kumar Shukla. "On the last occasion, on 27 September, it was intimated from the side of debtor company (Gammon India) that there was a possibility of settlement. Hence, the time was granted to explore the possibility and to avail the benefit of any scheme of RBI," said M.K. Shrawat, judicial member of NCLT Mumbai in his order on 3 January.