A complex case of a petrochemical mountain; From the hidden administrative control in London to the ambiguity in the supervision of the representatives of the holding in the Persian Gulf! The decision of the Supreme Court in London regarding the shareholders of Mahar Petrochemicals revealed new dimensions of the claims raised regarding the management and control of this company; Claims that raise serious questions about the performance of the managers, the representatives of the shareholders and the fate of the pensioners. In section 19 of the verdict, in the explanation of the defense claims of Mazgati and his partners, it is stated that Arshia Jahanpour has been in effective control of the API company since around September 10, 2018 and is responsible for the management of Mahar Petrochemical's activities, transactions, appointments and the selection of the CEO. These claims, along with the final verdict of the judicial authority regarding the transfer of Mahar Petrochemical to Jam Petrochemical in exchange for the disposal of feed claims amounting to 872 million dollars, raise serious questions regarding the level of knowledge and supervision of the two representatives of the Persian Gulf on the board of directors; Are they aware of the decision-making process and what measures have they taken to protect the interests of the shareholders? More attention than before was now given to the implementation of the final judicial decision and clarification of the dimensions of the claims raised in the High Court in London; An issue that the managers of Persian Gulf and Mahar Petrochemical need to explain about, especially since the claims of 872 million dollars, pension rights and public interests are involved. Read more details in Mashrek.

A complex case of a petrochemical mountain; From the hidden administrative control in London to the ambiguity in the supervision of the representatives of the holding in the Persian Gulf! The decision of the Supreme Court in London regarding the shareholders of Mahar Petrochemicals revealed new dimensions of the claims raised regarding the management and control of this company; Claims that raise serious questions about the performance of the managers, the representatives of the shareholders and the fate of the pensioners. In section 19 of the verdict, in the explanation of the defense claims of Mazgati and his partners, it is stated that Arshia Jahanpour has been in effective control of the API company since around September 10, 2018 and is responsible for the management of Mahar Petrochemical's activities, transactions, appointments and the selection of the CEO. These claims, along with the final verdict of the judicial authority regarding the transfer of Mahar Petrochemical to Jam Petrochemical in exchange for the disposal of feed claims amounting to 872 million dollars, raise serious questions regarding the level of knowledge and supervision of the two representatives of the Persian Gulf on the board of directors; Are they aware of the decision-making process and what measures have they taken to protect the interests of the shareholders? More attention than before was now given to the implementation of the final judicial decision and clarification of the dimensions of the claims raised in the High Court in London; An issue that the managers of Persian Gulf and Mahar Petrochemical need to explain about, especially since the claims of 872 million dollars, pension rights and public interests are involved. Read more details in Mashrek.