An associate of tycoon Jaswant Rai has renewed a court fight to buy troubled cement maker Athi River Mining (ARM) after he filed of an appeal seeking to block the purchase of the firm by businessman Narendra Raval of National Cement.
Pradeep Paunrana, the Former ARM Cement chief executive and owner, has filed the appeal and wants the court to consider a bid from a consortium that includes Mr Rai.
