Max Financial Services Limited (MFSL) has confirmed that all disputes between its promoter group entities, particularly between Analjit Singh and Neelu Singh, have been fully resolved. The company also stated that all pending suits and petitions before the Delhi High Court have been withdrawn.
In an official statement issued on February 12, 2025, Max Ventures Investment Holdings Private Limited, a promoter group entity, clarified that the petition filed against Max Ventures, its directors, and Analjit Singh before the National Company Law Tribunal (NCLT), Delhi, has also been withdrawn.
The dispute, which had been the subject of ongoing NCLT proceedings since March 2022, has now been settled as part of a global resolution between the parties. As a result, all legal proceedings related to the matter have been disposed of, bringing an end to the legal tussle.
The company formally communicated the development to the BSE and NSE and assured that all necessary disclosures have been made in compliance with regulatory norms.
