Nazara Technologies buys Smaaash Entertainment for Rs 126 cr

The National Company Law Tribunal (NCLT), Mumbai Bench, has approved Nazara Technologies Limited’s ₹126 crore resolution plan to acquire debt-laden Smaaash Entertainment Private Limited, marking a significant step in the gaming and entertainment firm’s insolvency resolution process. The plan, approved by the Committee of Creditors (CoC) with 99.59% votes, ensures Smaaash’s revival under Nazara, a…

IREDA Files Insolvency Plea Over ₹510 Crore Default

In a filing with the exchanges, IREDA stated: “This is to inform you that the Company (IREDA) has filed an application today, i.e. 14 May 2025, under Section 7 of the Insolvency and Bankruptcy Code, 2016, against M/s Gensol Engineering Limited… for an amount of default of INR 510,00,52,672/-,” the filing read. Read the original…

Hasan Nawaz discharged from UK bankruptcy with no charges filed

Hasan Nawaz’s bankruptcy was discharged on April 29, 2025, making him legally eligible to resume business activities Express News screengrab shows PM Nawaz’s son Hassan Nawaz appearing before the Panama Papers JIT. Listen to article The United Kingdom’s Revenue and Customs (HMRC) has officially concluded the bankruptcy proceedings of Hasan Nawaz Sharif, son of PML-N President and…