Kolte-Patil Developers, 2 other settle case with Sebi
Also, the Pune-based real estate firm allegedly did not disclose amendments to the Memorandum of Association (MoA) and Articles of Association (AoA) within 24 hours from the passing of the shareholder resolution in March 2019 and allegedly failed to comply with rules pertaining to independent directors and it allegedly did not have a minimum number of independent directors in the audit committee.