Direct on Demand Print boss speaks out after liquidation

Garment and fabric printer Direct on Demand Print managing director Matthew Armitage has called himself “the biggest loser” of his business’ failure after the firm entered liquidation on 7 March. Direct on Demand Print (DODP) ceased trading on 24 January, with Armitage confirming a number of redundancies were made the same day. Liquidators Mark Tailby…

Order Passed After Considering All Materials Essential For Determining Issue Cannot Be Recalled: NCLAT

The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Ashok Bhushan (Judicial Member), Mr. Arun Baroka (Technical Member) and Mr. Barun Mitra (Technical Member) has held that an order passed by the Adjudicating Authority after considering all necessary materials essential for determining the issue cannot be recalled. Therefore, it cannot be said…

Adani Group keen to acquire Jaiprakash Associates by insolvency: Sources

Business conglomerate Adani Group has shown interest in acquiring Jaiprakash Associates Ltd (JAL) through an insolvency process, according to sources. Jaypee Group‘s flagship firm JAL, which is into cement, power, hotels, construction and real estate businesses, has been admitted into the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, through an order…

Adani Group keen to acquire Jaiprakash Associates by insolvency: Sources, ET LegalWorld

Business conglomerate Adani Group has shown interest in acquiring Jaiprakash Associates Ltd (JAL) through an insolvency process, according to sources. Jaypee Group’s flagship firm JAL, which is into cement, power, hotels, construction and real estate businesses, has been admitted into the corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016, through an order…

Adani Group keen to acquire Jaiprakash Associates by insolvency Sources- The Week

New Delhi, Mar 26 (PTI) Business conglomerate Adani Group has shown interest in acquiring Jaiprakash Associates Ltd (JAL) through an insolvency process, according to sources.     Jaypee Group’s flagship firm JAL, which is into cement, power, hotels, construction and real estate businesses, has been admitted into the corporate insolvency resolution process under the Insolvency and Bankruptcy…

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