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Michigan State beat Ole Miss in the Sweet 16 round of March Madness on Friday in Atlanta. The sheer number of games to bet on in a short time makes the NCAA tournament popular with legal sportsbook games.
Grant Halverson/NCAA Photos via Getty Images
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Grant Halverson/NCAA Photos via Getty Images
Gambling — online and in person — is more widely accessible in the U.S. than it’s ever been, and…
THE parent company behind one of Scotland’s largest dental groups has entered liquidation, it has been announced.
Beatty Topco Limited, whose registered office is in Leeds, is the parent company of Clyde Dental Practice Ltd and Clyde Munro Group Limited, which operate 65 dental practices across Scotland.
It was announced on Monday that Investec Bank’s private equity division has stepped in to acquire Clyde Dental Practice.
The new owners said the daily running of the 65 practices across Scotland will remain uninterrupted for patients and staff.
Investec also announced it had written off an undisclosed portion of its £55 million loan to Clyde Dental Practice, while Synova Capital and minority…
This is because, with the government converting spectrum dues worth ₹36,950 crore, the telecom operator would now have to pay a total of over 66% less in statutory dues over the next three years after the expiry of the current moratorium later this year. However, analysts said the company must meet a yearly ₹43,000 crore payment obligation (spectrum and adjusted gross revenue dues) to the government over FY28-31.
Without equity conversion, Vodafone Idea’s payable spectrum dues to the government would have been ₹11,000 crore for FY26. For FY27 and FY28 each, the spectrum-related outgo would have been ₹25,000 crore.
Clive Schmulian – Founder of Clyde Dental Practice
Beatty Topco Limited, the holding company for major Scottish dental organisation Clyde Munro Group Limited and Clyde Dental Practice Ltd, has entered voluntary liquidation with BDO appointed as administrators.
Despite the financial collapse, patient care will remain uninterrupted, with the 65-practice network across Scotland continuing to operate under new ownership. Investec Bank’s private equity division has stepped in to acquire Clyde Dental Practice Ltd and maintain continuity for patients and staff.
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Despite negatives, the IBC’s processes have matured
Prominent voices such as the former governor of the Reserve Bank of India (RBI), Shaktikanta Das, have raised concerns about the long delays and low recoveries in the corporate insolvency resolution process (CIRP) and called for changes. Despite more resolution plans seeing approval, the average time to complete a CIRP rose to 843 days in the financial year ending March 2024, far exceeding the mandated 330 days. Investors recovered 28% in the same period as per RBI figures. India’s corporate insolvency scenario, once portrayed as possessing immense opportunity, has been a mixed bag in terms of challenges and opportunities.
The National Company Law Tribunal (NCLT), New Delhi bench of Justice Ashok Kumar Bhardwaj (Judicial Member) and Anil Raj Chellan (Technical Member) has held that third parties who sold land to the Corporate Debtor cannot be said to fall within the ambit of expression “any persons who were knowingly parties to the carrying on the business of the Corporate Debtor” as used in Section 66 of the Insolvency and Bankruptcy Code, 2016 (“Code”). It observed that an application under the Section may be maintainable against the persons who were responsible for the management of the Corporate Debtor.
Background Facts
On 17.02.2019, the Tribunal initiated the Corporate Insolvency Resolution Process (“CIRP”) against M/s…