The National Company Law Tribunal (NCLT) at Bengaluru on Tuesday dismissed an insolvency plea filed against quick commerce company Dunzo. A coram of Judicial Member Sunil Kumar Aggarwal and Technical Member Radha Krishna Sreepada said that the plea filed by invoice discounters of Dunzo Digital was not maintainable. The judgment was delivered today after being postponed on three occasions,…
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Scotland’s hidden debt crisis ‘leaving people isolated and afraid’ Alloa Advertiser Read the original article here
The shares of steel manufacturer JSW Steel led by Sajjan Jindal gained as much as 2. 68 per cent to Rs 979.75 after the Supreme Court ordered to maintain the status quo on the Bhushan Power and Steel Ltd. This marked the biggest intraday gain since May 12 this year. The counter has risen 14.5…
JSW-Bhushan Steel saga: The infamous “dirty dozen” and the future of IBC Bar and Bench Read the original article here
New Delhi: The Supreme Court on Monday ordered a status quo on the liquidation proceedings of Bhushan Power and Steel Ltd (BPSL), giving interim relief to JSW Steel. The verdict came on a plea filed by JSW Steel seeking a stay on the liquidation process initiated by BPSL’s former promoter, Sanjay Singhal. JSW Steel has…
Supreme Court stays liquidation of Bhushan Power & Steel MSN Read the original article here
US probes software firm Builder.ai before insolvency filing Tech in Asia Read the original article here
Police in South Thailand have identified a gang responsible for violently forcing a 29 year old man to swallow a bullet in exchange for a reduced gambling debt. The incident took place in Hat Yai, Songkhla province, drawing ire from many online users due to its audacious nature. Yesterday, May 25, in a joint investigation…
3 directors of apparel firm in liquidation fined RM50,000 by Bursa MSN Read the original article here