Blu-Smart Charge Insolvency: NCLT Refuses Lessor’s Plea To Recover Premises, Remove Assets During Moratorium

The Ahmedabad bench of the National Company Law Tribunal (NCLT) has refused to direct the Resolution Professional (RP) of Blu-Smart Charge Pvt. Ltd. to remove the company’s assets from the licensed premises or hand over possession to Eldeco Infrastructure and Properties Limited. The order was passed by Judicial Member Shammi Khan and Technical Member Sanjeev…

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To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…

What the bond market reveals about Congress, the national debt and the middle class—and where America goes from here

The bond market is repricing the federal government’s fiscal folly. Congress knows it can’t touch the middle class and has no ideas about how to help them other than growing the debt–and it’s headed for a bad outcome thanks to bond vigilantes. The 30-year Treasury yield closed at 5.62% on September 30, territory last seen in 2002. The…