NCLAT Halts Insolvency Proceedings Against Reliance Infrastructure After ₹92.68 Crore Payment

New Delhi: Reliance Infrastructure Ltd on Friday said appellate tribunal NCLAT has stayed the insolvency proceedings against the company following a repayment of ₹92.68 crore towards tariff as per an energy purchase agreement. Reliance Infrastructure in its latest regulatory filing said that the National Company Law Appellate Tribunal (NCLAT) has stayed an NCLT order over…

Why do so many footballers go bankrupt?

It was the brown envelopes that kept falling through the letterbox that filled Dean Windass with foreboding. Windass was a spiky but effective striker whose 18-year senior career had taken him through all four divisions, including spells in the Premier League with Bradford City, Middlesbrough and Hull City, plus the Scottish top flight with Aberdeen.…