Within days of superseding the board and appointing an administrator, the Reserve Bank of India has filed an insolvency petition against the troubled housing finance firm Aviom India Housing Finance at the New Delhi bench of the National Company Law Tribunal (NCLT). The apex bank has also appointed a three-member panel of experts to advice…
The Pastoralists and Graziers Association of Western Australia (PGA) has entered voluntary administration, a week after it suspended operations following the uncovering of financial misconduct within the organisation. The organisation, a lobby group for WA’s agricultural sector, appointed RSM Australia partners Jerome Mohen and Greg Dudley as administrators on Thursday afternoon. Mr Mohen said the…
The Supreme Court held that the approval of a proposed combination by the Competition Commission of India (CCI) must be obtained before the approval of Resolution Plan by the Committee of Creditors (CoC) under Section 31(4) of the Insolvency and Bankruptcy Code, 2016 (IBC). The Court held thus in a batch of Civil Appeals preferred…
The Reserve Bank of India on Thursday said it has filed an application with the National Company Law Tribunal, New Delhi bench, for initiation of corporate insolvency resolution process against Aviom India Housing Finance Private Limited. On Monday, the RBI superseded the board of Aviom India Housing Finance owing to governance concerns and defaults in…
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The Reserve Bank on Thursday said it has filed an application with the National Company Law Tribunal, New Delhi bench, for initiation of corporate insolvency resolution process against Aviom India Housing Finance Private Limited. On Monday, the RBI superseded the board of Aviom India Housing Finance owing to governance concerns and defaults in meeting various…
Mumbai, Jan 30 (PTI) The Reserve Bank on Thursday said it has filed an application with the National Company Law Tribunal, New Delhi bench, for initiation of corporate insolvency resolution process against Aviom India Housing Finance Private Limited. On Monday, the RBI superseded the board of Aviom India Housing Finance owing to governance concerns and…
WA’s Pastoralists and Graziers Association enters administration amid ‘financial misconduct’ probe MSN Read the original article here
Video: Nicheliving directors save failed company from liquidation Nicheliving directors save failed company from liquidation We’re sorry, this feature is currently unavailable. We’re working to restore it. Please try again later. Dismiss Skip to sections navigationSkip to contentSkip to footer The directors of failed construction company Nicheliving have saved it from liquidation by buying it…
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