Karnataka: NCLT declares Congress MLC Naseer Ahmed, wife, son bankrupt – Deccan Herald
Karnataka: NCLT declares Congress MLC Naseer Ahmed, wife, son bankrupt Deccan Herald Read the original article here
Naseer Ahmed declared insolvent by NCLT for ₹1,454.71 crore default
The National Company Law Tribunal (NCLT) has declared Congress MLC Naseer Ahmed insolvent for defaulting on bank loans and interest amounting to Rs 1,454.71 crore, posing a threat to his Legislative Council membership and voting rights. The case involves a garments company where Naseer Ahmed served as Managing Director while his wife, Ayesha Naseer, and…
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NCLT declares Congress MLC Naseer Ahmed insolvent over Rs 1,455-crore loan default
ANI | Updated: Jun 13, 2026 05:42 IST Bengaluru (Karnataka) [India], June 13 (ANI): In a major setback for Congress MLC Naseer Ahmed, the National Company Law Tribunal (NCLT) has declared him insolvent over default on bank loans and interest totalling Rs 1,454.71 crore. The order puts his Legislative Council membership and voting rights at…
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REVEALED: Latest business liquidations in Cambridge – Daily Telegraph Sydney
REVEALED: Latest business liquidations in Cambridge Daily Telegraph Sydney Read the original article here