AN ASIAN couple has been sentenced for breaching a disqualification order by operating companies in the UK for more than five years despite a ban linked to tax fraud claims. Bharat Jogia, 71, from the West Midlands, had been disqualified as a company director for 13 years in 2014 after not disputing that he caused…
NCLAT directs to conclude insolvency proceedings of Future Lifestyle Fashion in 3 months New Delhi, The National Company Law Appellate Tribunal has ordered the conclusion of the insolvency proceedings for Future Lifestyle Fashion within three months. While rejecting an appeal filed by an operational creditor, a two-member bench has asked the Resolution Professional and National…
NCLAT Sets Tight Deadline for Future Lifestyle Fashion The National Company Law Appellate Tribunal’s (NCLAT) order to finalize insolvency proceedings for Future Lifestyle Fashion (FLFL) within a strict three-month timeframe is a critical moment, adding urgency to the resolution process. The tribunal dismissed an appeal from an operational creditor while confirming the Resolution Professional’s (RP)…
NCLAT directs to conclude insolvency proceedings of Future Lifestyle Fashion in 3 months Moneycontrol.com Read the original article here
The National Company Law Appellate Tribunal has ordered the conclusion of the insolvency proceedings for Future Lifestyle Fashion within three months. While rejecting an appeal filed by an operational creditor, a two-member bench has asked the Resolution Professional and National Company Law Tribunal (NCLT) to complete the proceedings, preferably within three months. The appellate insolvency…
The National Company Law Appellate Tribunal has directed the prompt conclusion of insolvency proceedings for Future Lifestyle Fashion, demanding a resolution within three months. This order follows the rejection of an appeal by an operational creditor. A two-member bench, comprising Justice Yogesh Khanna and Ajai Das Mehrotra, emphasized the need for swift action by…
‘Hollyoaks’ star Gemma Merna ‘declared bankrupt due to legal loophole’ IMDb Read the original article here
Mail News Service Jamshedpur, April 6: In a measured yet consequential order, the Principal Bench of the National Company Law Appellate Tribunal (NCLAT) on Monday condoned a marginal delay in the filing of an appeal by the Employees’ Provident Fund Organisation, enabling a renewed judicial examination of the long-pending insolvency proceedings involving city-based Incab Industries…
The Lok Sabha recently passed the Insolvency and Bankruptcy Code (Amendment) Bill, 2025, effecting a major overhaul of insolvency framework since the Code’s enactment in 2016. | Photo Credit: lakshmiprasad S The out-of-court settlement proposed under Insolvency and Bankruptcy Code will reduce the load on NCLT and help promoters to turn around assets without getting…
Aban Offshore insolvency case moves forward as NCLAT rejects settlement route TipRanks Read the original article here