ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Dalal Street-Stalemate Persists


readily transferred in his name by the managements of Escorts and DCM. Nor could he be unaware that even if all the shares were transferred in his name he would still need the support of the public financial institutions in order to acquire control over the management of the company. It would seem reasonable to presume that he must have got clearance at the political level before implementing his ambitious investment plans. Of course, corporate history is full of misadventures. It is hazardous to predict the final outcome of Swraj Paul's takeover bids. Perhaps it would all depend on what political expediency demands.

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