Categories: India

Twitter Inc. does not have one share on Twitter India: MD

Bengaluru: India Twitter is an independent entity and Twitter Inc.
does not have any shares in it, advice for Indian Twitter MD Manish Maheshwari in Karnataka HC on Thursday.
Senior CV Nagesh adviser made this submission in response to the request caused by Karnataka Justice HC G Narendar, who started the assessment of the Maheshwari petition which was seeking notice dismissal issued to him by the alleged controversial video circulation.
When the judge wants to know whether Twitter Inc.
can be called a parent company, Nagesh replies that Indian Twitter is an independent and best entity can be called an affiliate company.
He added that Twitter Inc.
did not have one share on Indian Twitter and he would put this fact through memo on Friday.
The court was told that the Twitter international company, headquartered in Ireland, has 9,999 shares, while the Dutch Twitter has one part.
However, Twitter Inc.
runs a platform.
However, the judge shows that there is no one called an affiliate company in the company’s law and, most, they are called the company of a sister or association company.
In the midst of this deliberation, P Prasanna Kumar, the public prosecutor specifically for the police, said that in terms of Twitter India claimed to be an independent entity, it must be ready to face the consequences.
He claimed that in the process before the central government, the Petitioner’s colleague was represented on behalf of Twitter Inc.
too.

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