Board authorises MD & CFO to represent company in Ahmedabad court cases
Mehta Integrated Finance's Board met today and approved authorising Mr. Vishwesh D. Mehta, Managing Director (DIN: 00484785) and CFO, to represent the company in court matters at Ahmedabad.
By ScoutQuest · · 1 min read
- Authorised Official
- Mr. Vishwesh D. Mehta, Managing Director (DIN: 00484785) and CFO
- Board Meeting Commenced
- 11:30 AM
- Board Meeting Concluded
- 11:50 AM
What the company told the exchange
Mehta Integrated Finance Ltd has informed BSE that its Board, at a meeting held today, considered and approved authorising Mr. Vishwesh D. Mehta, Managing Director (DIN: 00484785) and CFO, to represent the company on its behalf.
What the authorisation covers
- Settlement, compromise, execution of consent terms, settlement agreements, compromise deeds or decrees
- In relation to legal disputes, commercial execution petitions or criminal proceedings
- Before the Hon'ble City Civil Court, Hon'ble High Court or any other courts at Ahmedabad
How to read this
- The Board has given one named official the authority to appear, negotiate and sign on the company's behalf in matters that are before courts at Ahmedabad.
- The scope described is the authority itself, covering settlement and compromise as well as execution of the resulting documents.
- Such an authorisation is an enabling Board decision. It allows the official to act without the Board having to pass a fresh resolution for each step in each matter.
Meeting details
- The Board meeting commenced at 11:30 AM and concluded at 11:50 AM.
- The company asked the exchange to take the disclosure on record.
- The update was signed by Kamleshbhai P. Patel, Company Secretary and Compliance Officer.
What this means for a retail shareholder
- The announcement is about who inside the company holds the power to settle and execute documents in court matters at Ahmedabad.
- It is a governance and process update from the Board meeting, rather than a statement of results or financial performance.
Also from Mehta Integrated Finance
Board approves authorising MD & CFO to represent company in court cases at Ahmedabad
13 Oct 2026
Members Approve Director Retirement by Rotation and MD Reappointment for 3 Years at 41st AGM
25 Sep 2026
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