Jay Chou denies losing billions of yuan in gambling

13 Mar – Jay Chou’s camp has dismissed speculations that the multihyphenate was the person previously named in a blind item about gambling debt. As reported on Mingpao, mainland China’s rumour sites recently reported that a “top-tier male star” had gambled heavily in Macau for seven days straight, and even had to borrow an exorbitant…

Universal Buildwell resolution plan approved by NCLT

The National Company Law Tribunal (NCLT) has approved the Rs 55.6 crore resolution plan for Universal Buildwell Private Limited submitted byUniversal Aura Welfare Association, Universal Greens Buyers Association and Universal Business Park Owners Association, marking a significant step in the corporate insolvency resolution process (CIRP) that began in 2018. The resolution plan has been approved by…