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The insolvency tribunal NCLT has ordered a status quo on the assets sold by the resolution professional of Think and Learn Private Limited, the parent entity of debt-ridden edutech firm Byju’s, in one of its subsidiaries. The Bengaluru-based bench of the NCLT has put a hold on any further disposal of Byju’s K3 Education’s assets…
Polish lawmakers have again failed to secure the three-fifths majority needed to overturn President Karol Nawrocki’s veto of legislation aimed at strengthening oversight of the country’s crypto market. The Sejm, Poland’s lower house of parliament, on Friday voted 241-198 in favor of overriding the veto, with three abstentions, falling 25 votes short of the 266…
The National Company Law Appellate Tribunal (NCLAT) at Delhi has ruled that a company cannot complain of inadequate service of notices when it has itself allowed its registered office to remain non-functional for several years. Dismissing an appeal by the suspended director of AS Infracon Pvt. Ltd., Judicial Member Mohd Faiz Alam Khan and Technical…
Businessmen Takeshi Lim Jian Bin (left) and Jason Fong Wai Hong at a financial wealth seminar in 2023. PHOTO: HAYASHI TAKESHI/FACEBOOK/THE STRAITS TIMES SINGAPORE : They each drove Lamborghinis, wore expensive watches and ran schemes where they promised investors high returns for money put into their property deals and other businesses. But just three years after…
Supreme Court Issues Notice In Canara Bank’s Plea Against NCLAT Order Setting Aside Insolvency Admission Of Equinox India Developments Case Title : CANARA BANK (E-SYNDICATE BANK) VS. EQUINOX INDIA DEVELOPMENTS LIMITED Case Number : DIARY NO. – 36294/2026 The Supreme Court on Monday issued notice on Canara Bank’s challenge to the NCLAT order setting aside…
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NCLT Questions EY’s 1% Success Fee Claim, Rejects Insolvency Plea Against Mobase BW Businessworld Read the original article here
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