New Delhi, July 20 (IANS) The High Court of England and Wales has ordered businessman Raj Kundra to repay $4.94 million to Emerging Media Ventures (EMV) and permanently restrained him from pursuing legal proceedings in India over his former shareholding in IPL franchise Rajasthan Royals, handing a major legal victory to the investment firm.The ruling comes months after EMV and its shareholders completed the sale of a controlling stake in Rajasthan Royals to a consortium led by billionaire Lakshm…
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