High Court Blasts National Bank, Upholds Minority Shareholders in Landmark CDAP Takeover Case
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The High Court of Malawi has delivered a landmark judgement against the National Bank of Malawi (NBM), ruling that the bank acted illegally and unfairly in taking control of Carbon Dioxide and Allied Products (CDAP) through a controversial debt-to-equity dealHigh Court Blasts National Bank, Upholds Minority Shareholders in Landmark CDAP Takeover Case
The High Court of Malawi has delivered a landmark judgement against the National Bank of Malawi (NBM), ruling that the bank acted illegally and unfairly in taking control of Carbon Dioxide and Allied Products (CDAP) through a controversial debt-to-equity deal. In a strong decision, the Court upheld the rights of minority shareholders and warned powerful […] The post High Court Blasts National Bank, Upholds Minority Shareholders in Landmark CDAP Takeover Case appeared first on Malawi Nyasa Times - News from Malawi about Malawi.











