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IDBI Bank moves NCLT against ZEEL again, company calls it abuse of law and harrassment

Zee Entertainment Enterprises Limited (ZEEL) has strongly opposed an insolvency application filed by IDBI Bank Limited before the National Company Law Tribunal (NCLT), Mumbai. The bank, claiming to be a financial creditor, has sought initiation of the Corporate Insolvency Resolution Process against the company under Section 7 of the Insolvency and Bankruptcy Code (IBC), 2016,…

Tax dodging joiner gets suspended sentence

Robert Kurzawa was banned as a director for three years in 2017 after his RK UK Construction Ltd company went into liquidation owing more than £195,000 in tax. Kurzawa continued acting as a director of his separate RK UK Joinery Ltd company in all but name following his disqualification. RK UK Joinery Ltd was wound-up…

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