revealed that the appellant through Madras Aluminium Company Limited ('MALCO') lent Rs. 5 crores for the purchase of these 3 lakh shares ... lakh shares was a conduit for parking of shares.
(v) In addition, MALCO lent Rs. 11.75 crores to Eldorado for acquisition of shares
Dorado and 6 lakh shares by Madras Aluminum Co. Ltd. (Malco). The learned senior counsel pointed out that it is not even alleged ... purchase the shares, as has been alleged.
Shri Sundaram submitted that Malco did not finance purchase of 3 lakh shares on delivery basis purchased
blacklisted this company.
Have they any technology? What is their technology? In MALCO it is all obsolete as what is described in your own language ... BALCO, is having obsolete technology. What is not true is that your MALCO is with an insignificant share in the market and Sterlite is claiming
that of the decision of this Bench rendered in the case of MALCO v. CCE reported ... judgment rendered in the case of MALCO also covers MS Plates. As regards item Nalcol 2000, he submits that the same is covered
Aluminium AG, Germany
vi. ALCOA, USA
vii. Sibirsky, Russia
viii. MALCO"
M/s Jardine Fleming, Global Advisor made an analysis of the
various bids ... eight parties and it also decided that
the bids of Sterlite and MALCO be treated as one. Thus there
remained five prospective bidders