NCLT Rejects Shikhar Dhawan’s Insolvency Plea, Citing Contractual Ambiguities in Legends League Cricket Payment Dispute [Read Order]

In a recent ruling The National Company Law Tribunal (NCLT), New Delhi, has refused to admit an insolvency petition filed against the operator of Legends League Cricket and held that the alleged dues of ₹1.24 crore under the Player Agreement could not be treated as operational debt, pointing to inconsistencies in the contract and ambiguities…

Property service firm plunges into liquidation

A property services firm based in Oxfordshire has gone into creditors’ voluntary liquidation. MP Property Service (Oxon) Ltd was incorporated on April 14, 2022, and originally registered under the name Magic Pete Property Service Limited before changing to its current name in February 2023. Early Companies House filings list its registered office at a Witney…