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NCLAT Orders ICBC to Release ₹27.60 Cr FD [Read Order]

The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an appeal filed by Industrial and Commercial Bank of China (ICBC) and upheld the order of the National Company Law Tribunal (NCLT), Mumbai Bench, directing the bank to release a fixed deposit of ₹27.60 crore belonging to Reliance Communication Infrastructure Ltd. (RCIL).…

Investor derails Ecsponent’s voluntary liquidation application

An investor and alleged creditor in Ecsponent, the financially distressed, previously JSE-listed specialist financial services company now named Afristrat Investment Holdings, has thrown a spanner in the works of the company’s planned voluntary liquidation. Pretoria pensioner Mariana de Bruin has applied to intervene and become a respondent in Afristrat’s voluntary liquidation application, resulting in the…

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No Cookies | Daily Telegraph

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…

No Cookies | Daily Telegraph

Please note that by blocking any or all cookies you may not have access to certain features, content or personalization. For more information see our Cookie Policy. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently…