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The Company Law Board (CLB) on Tuesday adjourned to September 21 hearing on the MCA's petition to supersede the Board of Financial Technologies (India) Ltd.
Both the parties -- FTIL and Central Government -- are expected to give on September 21 a new consent date for hearing, it is learnt.
FTIL is now looking to rename itself as 63 moons technologies Ltd.
The Madras High Court had in the second week of July put a stay on the CLB's June 30 order barring FTIL from selling or alienating the assets or investments of the company.
The Corporate Affairs Ministry (MCA) had on February 25 moved the CLB to supersede the FTIL Board.
FTIL had opposed the MCA's petition to CLB to supersede its Board.
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