The Gujarat High Court will on Friday hear Essar Steels petition for staying the insolvency proceedings against the company over a plea submitted by its lenders at the National Company Law Tribunal (NCLT). Adjourning the hearing till July 7, the high court’s single-judge bench had asked the Reserve Bank of India (RBI) to…
NOIDA: Buyers of Jaypee Wish Town have started an online petition directed to the management of the Industrial Development Bank of India (IDBI), seeking amnesty for Jaypee Infratech from an impending declaration of bankruptcy. The appeal harps that invested buyers should not have to bear the brunt of Jaypee’s financial situation. The campaign, floated on…
Jawbone is reportedly going out of business. Sarah Tew/CNET It might be time to say goodbye to Jawbone. The electronics company, known for its fitness trackers and portable speakers, has started liquidation proceedings after years of financial struggle, The Information reported on Thursday. A notice sent to creditors reportedly said the company entered into insolvency…
Council vice president Major Sombat Wongkamhaeng, who also chairs the Thai Bars committee on legal aid, said the name of the 59-year-old Pisit was struck from the list because he had been declared insolvent in 2004. After the registrar and Pisit are notified of the councils resolution, Pisit will no longer be able to present…
ETERNAL FAME From Atomic Kitten to her own bingo site, we have all the details on Kerry’s career KERRY Katona has made headlines since her Atomic Kitten success for everything from bankruptcy to a turbulent love life. But how much is Kerry worth, and how did she make her fortune? Getty Images Kerry has been…
Hundreds of Tipperary homeowners are still facing the threat of eviction over mortgage arrears, despite moves by the last Government to curb the practice. The issue has come to light again with a number of cases listed in the County Registrar’s Court which will sit in Nenagh on July 24. One homeowner who says he…
Council vice president Major Sombat Wongkamhaeng, who also chairs the Thai Bars committee on legal aid, said Pisits name was also struck from the list because hed been declared insolvent in 2004. Council representatives accompanied Porntip Chantharat and her wheelchair-bound daughter Pattarada Beam Kaewpong to a Bangkok court on Thursday to file a civil lawsuit…
NOIDA: Buyers of Jaypee Wish Town have started an online petition directed to the management of the Industrial Development Bank of India (IDBI), seeking amnesty for Jaypee Infratech from an impending declaration of bankruptcy. The appeal harps that invested buyers should not have to bear the brunt of Jaypee’s financial situation. The campaign, floated on…
HYDERABAD: In a major setback to Deccan Chronicle Holdings Ltd (DCHL), the National Company Law Tribunal (NCLT) in Hyderabad on Wednesday admitted an insolvency petition filed by Canara Bank against the beleaguered company. The tribunal posted the case to July 11 for announcing its decision on the consequential steps to be taken after admission of…
The CBI had earlier charged the DC group, for criminal conspiracy and causing wrongful loss of Rs 357.77 crore to Canara Bank. In a blow to Deccan Chronicle Holdings Ltd (DCHL), the National Company Law Tribunal (NCLT) in Hyderabad on Wednesday, reportedly admitted an insolvency petition filed by Canara Bank. Reporting that a company is…