On January 25, 1973, Ms.Sonia Gandhi was appointed the Managing Director of Maruti Technical Services Private Ltd.[MTSPL] in an “extraordinary” meeting of two share holders who together held all the shares, 20 shares each of Rs.10 per share. The two shareholders at the meeting were Ms.Sonia Gandhi and Mr.Sanjay Gandhi. The MTSPL was incorporated on November 16, 1970. On September 28, 1974, Ms.Sonia Gandhi was made the MD of the Maruti Heavy Vehicles Private Ltd.[MHVPL], which was incorporated on February 22, 1974 with 13 shareholders in which the Gandhi’s had controlling interest. The Maruti car company and the heavy vehicles firm entered into a consultancy contact for expert advice with MTSPL for which susstantial fees were paid.
Posted on: Sun, 16 Mar 2014 03:27:28 +0000
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