Speaking to reporters here on Wednesday, Rama Rao alleged that the company KLSR functions as a front entity for Revanth and presented “documentary evidence” in support of his claim. HYDERABAD: BRS working president KT Rama Rao alleged that Chief Minister A Revanth Reddy was misusing thousands of crores of public money and diverting it to…
McKAY…this makes the third case, so far, in which costs have been awarded against the association. These fees amount to millions and millions of dollars. DR Jason McKay, spokesman for New Raiders Football Club, believes it will only be a matter of time before the already financially-strapped St Catherine Football Association (SCAFA) goes bankrupt after…
Up to 640 jobs under threat as EuroGiant enters liquidation MSN Read the original article here
Image: Te Awanga Estate/Facebook The Hawke’s Bay Wine Company, along with three related entities including the well-known Te Awanga Estate, is in liquidation. According to the first liquidators’ report, the company – which includes Hawke’s Bay Wine Investments Limited, The Hawke’s Bay Wine Company Limited, Te Awanga Estate Limited, and Portside Wines Limited – reportedly owes…
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Access Denied You don’t have permission to access “http://www.business-standard.com/companies/news/court-discharges-dhfl-in-money-laundering-case-cites-immunity-under-ibc-126020500143_1.html” on this server. Reference #18.d1672817.1770265313.48e74465 https://errors.edgesuite.net/18.d1672817.1770265313.48e74465 Read the original article here
The Supreme Court has upheld the initiation of corporate insolvency resolution proceedings against Bhasin Infotech and Infrastructure Private Limited and Grand Venezia Commercial Towers Private Limited, relating to a delayed real estate project in Greater Noida. A bench comprising Justices Sanjay Kumar and K Vinod Chandran dismissed appeals filed by the former directors of the…
Corporate insolvencies set to rise again in 2026 as interest rate risks linger: Coface Insurance Business Read the original article here
IBBI Notifies Amendments To Simplify Corporate Insolvency Procedures MSN Read the original article here
MUMBAI: A special court in Mumbai has discharged now defunct Dewan Housing Finance Corp Ltd (DHFL) in a Rs 5,050 crore money laundering case, ruling the company under new management is entitled to statutory immunity under the Insolvency and Bankruptcy Code (IBC). The court, however, clarified that while DHFL as a corporate entity is discharged,…