NCLT to hear plea on approval of Surakshas bid for Jaypee Infra on Oct 26 – Business Standard

NCLT on Tuesday directed to list the pleas related to the Suraksha group’s bid to acquire debt-ridden realty firm Jaypee Infratech on October 26 for hearing TopicsJaypee Infratech bid|NCLT The National Company Law Tribunal (NCLT) on Tuesday directed to list the pleas related to the Suraksha group’s bid to acquire debt-ridden realty firm Jaypee Infratech…

DS Kulkarni group investors want ED probe into alleged payments by firm to money lenders, brokers – Hindustan Times

PUNE Investors in the DS Kulkarni group of companies have demanded that the Enforcement Directorate (ED) investigate alleged payments made by DSK firms to various money lenders and brokers. A consortium comprising Ashdan Properties, Classic Promoters and Builders and Atul Builders will take over the debt-ridden group through the insolvency process. DS Kulkarni Developers Limited…

Latest Insolvency Statistics Show Impact Of Covid-19 On Midlands Businesses – Todayuknews – Todayuknews

New figures suggest business across the Midlands are struggling to get to grips with the impact of Covid-19 despite the easing of restrictions. Related Articles Latest data from the Midlands branch of insolvency and restructuring body R3 suggests many firms are under greater pressure to survive compared to this time last year. It says the…

User guide on Corporate Insolvency and Restructuring Act launched – Graphic Online – Graphic Online

Mrs Jemima Oware (middle), Registrar General, making some remarks as Mr Felix Addo (left), President, Ghana Association of Restructuring & Insolvency Advisors, and Mr Hamidu Solo (right), Project Lead, International Finance Corporation, look on. Picture: NII MARTEY M. BOTCHWAY The Registrar Generals Department (RGD), in collaboration with its partners, has launched a soft copy of…