It’s been just over a month since India’s most celebrated EV ride-hailing startup, BluSmart, was pulled into insolvency proceedings. Once positioned as a torchbearer of India’s green mobility story, the company now finds itself at the heart of a corporate storm, with creditors, regulators, and employees all staking their claims. According to filings before the…
Company that promised to create analogue of Starlink went bankrupt in russia ukranews.com Read the original article here
In an unusual development, Justice Sharad Kumar Sharma, a judicial member of the National Company Law Appellate Tribunal (NCLAT), has recused himself from an insolvency case citing an alleged approach by “one of the most revered members of the higher judiciary” seeking a favourable order. Updated On – 26 August 2025, 08:24 PM …
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New Delhi, Aug 26 (PTI) In a rare incident, a judicial member of the National Company Law Appellate Tribunal (NCLAT) has alleged being “approached by one of the most revered members of the higher judiciary”, seeking an order in favour of a party, and has recused himself from hearing the matter. The Chennai-based bench of…
Justice Sharad Kumar Sharma of NCLAT recused himself from an insolvency case. NEW DELHI: The National Company Law Appellate Tribunal at Chennai said Justice Sharad Kumar Sharma recused himself from hearing one particular case as he was contacted for a favourable order. “We are anguished to observe that one of us, Member (Judicial), has been…
There is a movement growing online of self-proclaimed financial advisors trying to change the perception of personal bankruptcy. Instead of seeing going broke as a shameful thing—the theory goes—we should view it as an act of financial empowerment and feel no regret about filing Chapter 7, even multiple times. “We have to pay attention to…
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POUNDLAND may find itself without funds by September 7 if its restructuring plan is not approved, according to barristers. Poundland, the well-known UK discount retailer, is in financial trouble and faces the possibility of running out of cash by early September if it doesn’t get the green light for its restructuring plan. The company, which…