The Supreme Court has ordered an inquiry into allegations that a judge of the higher judiciary contacted a member of the National Company Law Appellate Tribunal (NCLAT) in Chennai to seek a favourable order in an insolvency matter. The inquiry will be conducted by the Secretary General of the Supreme Court and will ascertain whether…
Debt relief: Maspala scraps 70% of your skoloto! Daily Sun Read the original article here
The Chennai Bench of the National Company Law Appellate Tribunal (NCLAT) has formally recorded that one of its members was approached by “one of the most revered members of the higher judiciary” seeking a favourable order in an insolvency matter. Judicial Member Justice Sharad Kumar Sharma recused himself from hearing the case on August 13…
Sad news for custard square lovers – the company behind the iconic South Island treat, Denheath, has closed its doors. Denheath Corporation was officially placed into liquidation on August 21, which basically means the business is shutting down and its money and assets are being sorted out. The Official Assignee is now managing the process.…
Brittany Higgins will be financially wiped out if she is forced to personally pay Linda Reynolds $341,000 in damages and millions of dollars in legal costs but experts believe her trust fund may be legally protected setting the scene for a fresh legal fight. There’s also the question of how much money is actually left…
Higgins faces $2m legal bill, financial ruin Herald Sun Read the original article here
The applicants argued that the second respondent – as the sole director and principal responsible for the first respondent’s operations – was liable as an accessory for the infringement and ACL contraventions and as a joint tortfeasor with the first respondent for passing off. The applicants asserted that the respondents breached their October 2021 settlement…
NEW DELHI: Fair trade regulator CCI on Tuesday said it has in principle approved Adani Group‘s acquisition of debt-ridden Jaiprakash Associates, should it win a bid in the ongoing insolvency proceeding. The proposed combination relates to the acquisition of up to 100 per cent shareholding of Jaiprakash Associates Ltd (JAL) by Adani Enterprises Ltd (AEL)…
Adani Group Secures CCI Approval for Acquisition of Jaiprakash Associates Amid Insolvency Proceedings Goodreturns Read the original article here
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