Dentsu logo (file image) The bankruptcy court in Mumbai has recently dismissed an insolvency petition filed against Dentsu Communication India, citing a lack of evidence of operational debt and raising concerns over allegedly ‘fraudulent transactions’ involving the company’s former employees and third-party vendors. The Mumbai bench of the National Company Law Tribunal (NCLT) passed this…
The insolvency appellate tribunal NCLAT has upheld an NCLT order directing liquidation of debt-ridden Sintex Plastics Technology. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) also rejected the submission of an unsuccessful bidder that NCLT passed an order for liquidation even though its lone CoC member had abstained from voting. RBL Bank…
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More Amazon oil? The saga’s possible ramifications are not limited to the national economy. Peru’s sprawling Amazon rainforest, home to 1.6 million Indigenous people and a vital buffer against climate change, is also in the firing line. PetroPerú’s main business is refining and transporting oil, much of it from the Peruvian Amazon to a terminal…
IBC Weekly Round-Up [14th April-20th April 2025] Live Law Read the original article here
New Delhi, Apr 21 (PTI) The insolvency appellate tribunal NCLAT has upheld an NCLT order directing liquidation of debt-ridden Sintex Plastics Technology. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) also rejected the submission of an unsuccessful bidder that NCLT passed an order for liquidation even though its lone CoC member had…
‘Dangerous precedent, dangerous delay’: HNG Workers Union accuse CCI and AGI Greenpac of derailing SC-backed insolvency process, writes to FM OpIndia Read the original article here
The National Company Law Appellate Tribunal (NCLAT) has upheld the liquidation of debt-ridden Sintex Plastics Technology, rejecting arguments by an unsuccessful bidder. New Delhi, Apr 21 (PTI) The insolvency appellate tribunal NCLAT has upheld an NCLT order directing liquidation of debt-ridden Sintex Plastics Technology. A two-member bench of the National Company Law Appellate Tribunal (NCLAT)…
Home Business Gautam Adani, Anil Aggarwal, Baba Ramdev in race to buy insolvent company named as…, it deals in hotels, cement and… Now this high-stakes bidding war will have major implications for the Indian corporate sector depending on who wins it. Jaypee Associates Limited (JAL) is in news as 25 corporate giants want to acquire…
Luxury fashion brand planning to file for bankruptcy TheStreet Read the original article here