The board meeting of of Haldia Petrochemicals Limited (HPL) in Delhi failed to tackle the major issued between - The Chatterjee Group and the West Bengal Government, avoiding the unresolved issues responsible for the straining of relations between the two principal promoters.
The HPL board, which met for the first time since the tussle between the two came out in the open, discussed issues related to the company's performance. The meeting ended up as a normal and routine board meeting and issues like the Company Law Board (CLB) hearing and buying back of West Bengal Industrial Development Corporation shares by TCG were not raised at the board meeting. With no development at the board meeting, all focus shifts to the CLB hearing which is slated for January 12 and 13, 2006.
21-Dec-05 
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