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The Dispute Resolution Service (DRS) was established by the World Bank Board of Executive Directors in 2020 as part of the World Bank Accountability Mechanism (AM) to facilitate a voluntary and ...
IDFC First Bank on Monday ... against the resolution, while the remaining 48.7 per cent were in favour of the appointment of a director by Currant Sea Investments on the bank board.
However, shareholders rejected the bank’s plan, and the special resolution received only 64 per cent of the votes against 75 per cent required under Company Law for passing. “We do not support board ...