The Enforcement Directorate (ED) has launched search operations at over 35 premises linked to companies and executives associated with Anil Ambani’s Reliance Group in connection with a suspected Rs 3,000 crore loan fraud and money laundering case. Reliance Power and Reliance Infrastructure issued a statement and said the ED raids relate to old cases involving…
The Ahmedabad bench of the National Company Law Tribunal (NCLT) on July 29, 2025 admitted BluSmart Mobility, the Gurugram‑based electric ride‑hailing start‑up, into corporate insolvency proceedings, Economic Times reported. The decision follows a petition by Catalyst Trusteeship, which alleged that BluSmart had defaulted on bond repayments totalling Rs 1.28 crore. Read the original article here
BluSmart enters insolvency proceedings amid corporate governance challenges TradingView Read the original article here
BluSmart enters insolvency proceedings amid corporate governance challenges Reuters Read the original article here
The Firm advised and represented the committee of creditors (“CoC”) of Vidarbha Industries Power Limited (“Corporate Debtor”) during the corporate insolvency resolution process (“CIRP”) of the Corporate Debtor under the provisions of the Insolvency and Bankruptcy Code, 2016, as amended (“Code”). The CoC comprised of CFM Asset Reconstruction Private Limited and Pallas Holdings Limited. The…
Bank Can Classify Corporate Debtor’s Account As Fraud During CIRP, Such Classification Is Not Hit By S.14 … Live Law Read the original article here
The Insolvency and Bankruptcy Code (IBC), since its enactment, has undergone six legislative amendments aimed at strengthening the insolvency framework and enhancing procedural efficiency in line with evolving market dynamics. This information was provided by the Minister of State in the Ministry of Corporate Affairs, Harsh Malhotra, in response to an Unstarred Question in the…
The Library Nightclub: Tax officials want to close the book on Yusuf Khan, Cynthia Lu’s Northbridge venue The West Australian Read the original article here
The weekend before last, Brown asked Wilson to look into Singh’s business interests. Today, Wilson said everything was above board from a business point of view, appropriate declarations were made to the council about a development Singh was undertaking, and there was no evidence of impropriety or conflicts with his work responsibilities. Jazz Singh (left),…
GS E&C’s Modular Business Takes a Hit, British Subsidiary to be Liquidated Businesskorea Read the original article here