Noukies declared bankrupt, but relaunches immediately – RetailDetail EU
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Ambani Group stock in focus after company receives alleged loan fraud notice from Central Bank
Synopsis: Reliance Communications (RCOM) has received a show-cause notice from the Central Bank of India over alleged Rs. 400 crore loan fraud, amid ongoing insolvency proceedings and scrutiny of fund misappropriation. An Indian telecom company is in the spotlight as it faces a potential fraud classification by a central bank over Rs. 400 crore in…
NCLAT In Appeal By SMAS Auto Leasing Against Gensol
The National Company Law Appellate Tribunal bench of Justice Ashok Bhushan (Chairperson) and Barun Mitra (Technical), disposed of an appeal filed by SMAS Auto Leasing India Pvt. Ltd. against the order of the National Company Law Tribunal Ahmedabad,which had admitted filed by the Indian Renewable Energy Development Agency Limited against Gensol Engineering Limited. It held…