The Economic Times

Jindal Poly Films row reaches SC again as minority investors seek revival of class action suit

Minority shareholders of Jindal Poly Films have approached the Supreme Court, seeking to revive India's first corporate class action suit. They argue the dispute, previously sent to arbitration, cannot be settled without their proper representation. A group of 29 shareholders wants to be impleaded, emphasizing their indispensable role in safeguarding public investors' rights and ensuring a fair adjudication of the case.