PNB scam fallout: NCLT removes constraint on Firestar directors

The National Company Law Tribunal's (NCLT's) Mumbai bench on Monday granted the independent directors of Firestar International a relief in accessing their financial resources. The Bench of Judges B S V Prakash Kumar and Duraiswamy has vacated the restraint order of February 23.
 
Firestar's independent directors, Gautham Mukkavilli, a former executive at PepsiCo; Suresh Senapaty, who used to work with Wipro; and Sanjay Rishi, who was with American Express, had asked the court to grant them access to their financial assets. They said their role in the company was limited and they had little powers to oversee the auditing