LUSAKA (Reuters) Vedanta Resources on Tuesday plans to challenge the appointment of a provisional liquidator and the intended winding up of its Zambian business without the chance to be heard through lawyers of its choice, documents filed in court show.
According to a notice filed in court on June 6, Vedanta wants to be represented by lawyers Nchito & Nchito and not those appointed by the provisional liquidator.
A court hearing following Zambias decision to name the provisional liquidator to run Vedantas Konkola Copper Mines (KCM) business was adjourned until Tuesday without tackling the companys demands to be involved, Vedanta said last week.
Vedanta Resources, part-owner of the Mumbai-listed Vedanta group of companies, is KCMs majority…
Read the full article at: https://www.euronews.com/2019/06/11/vedanta-to-challenge-winding-up-of-zambian-business-in-court
