Saturday 4 April 2015

Trust registration cancelled as it was formed to pass on concessional land and profits of hospital t

IT : Where society formed for providing concessional/free treatment EWS category people was allotted land at very concessional rate but its hospital was given out to Max group of companies to exploit same commercially, society was merely a "special purpose vehicle" to take advantage of concessional land and to pass off profit; its registration was to be cancelled


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