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Rosmerta Digital Services, an operational creditor of Ola Electric Technologies, has filed a plea to initiate insolvency proceedings against the wholly owned subsidiary of electric two-wheeler maker Ola Electric, over alleged payment defaults.The petition, filed before the Bengaluru bench of the National Company Law Tribunal (NCLT), claims non-payment for services rendered and seeks to initiate a corporate insolvency resolution process (CIRP) against Ola Electric Technologies.
Ola Electric has disputed the claims and said it plans to challenge the petition through legal proceedings.
“The company will take all necessary and appropriate steps to protect its interests and challenge the allegations in this matter,” the Bengaluru-based…
A corporate debtor may still argue pre-existing problems, particularly if they were brought up prior to the notice being given, even if they do not reply to a section 8 notice within 10 days
The National Company Law Tribunal (NCLT) Mumbai has held that failure to respond to a demand notice within 10 days under Section 8 of the Insolvency and Bankruptcy Code, 2016 (the Code) does not bar the Corporate Debtor from asserting the existence of a pre-existing dispute especially when such dispute was raised before the issuance of the demand notice.
The Application was filed on 27.07.2022 under Section 9 of the Insolvency and Bankruptcy Code, 2016 (IBC) read with Rule 6 of the Insolvency and Bankruptcy (Application to Adjudicating Authority)…
The woman sued Glitter following his 2015 conviction for abusing her and two other young people
10:31, 01 Apr 2025Updated 10:32, 01 Apr 2025
Gary Glitter has been made bankrupt after failing to pay more than £500,000 in damages to one of his victims,(Image: 2024 PA Media, All Rights Reserved)
Gary Glitter has been made bankrupt after failing to pay more than £500,000 in damages to one of his victims, her lawyers have said. The disgraced singer who who remains behind bars after being sentenced to sixteen years in jail, refused to pay his victim the sum, awarded by the High Court as compensation for his crimes.
The National Company Law Tribunal (NCLT)-Mumbai on Tuesday issued a notice to real estate giant Shapoorji Pallonji & Co. Pvt. Ltd (SPCPL), seeking its response to an insolvency plea over an alleged default of ₹2.72 crore.
Chennai-based Intertouch Metal Buildings Pvt. Ltd, a roofing and cladding firm, has pleaded that it hasn’t received payments for its work since October 2022. The firm requested the NCLT to initiate insolvency proceedings against Shapoorji Pallonji and appoint an interim resolution professional.
According to the company’s chartered accountant, who appeared before the NCLT, Intertouch Metal Buildings was engaged in the construction and erection of metal buildings at the newly developed Port Blair airport in the…
Glitter was put back behind bars less than six weeks after walking free (Lauren Hurley/PA)
Gary Glitter has been made bankrupt after failing to pay more than £500,000 in damages to one of his victims, her lawyers have said.
The woman sued Glitter, real name Paul Gadd, following his 2015 conviction for abusing her when she was 12, as well as two other young people between 1975 and 1980.
The six-figure sum included £381,000 in lost earnings and £7,800 for future therapy and treatment.
He has never changed, shows no remorse and remains a serious risk to the public
A spokesman for Slater and Gordon, representing the woman, said: “We confirm that Gadd has been made bankrupt following our client’s application.
Opportunities for legal gambling have exploded since a 2018 Supreme Court decision. But research on gambling addiction and treatment for the problem lags.
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For most people, betting on sports is recreational and responsible. But not for everyone.
And for people who have an addiction to gambling, the March Madness NCAA…
Gary Glitter has been made bankrupt after failing to pay more than £500,000 in damages to one of his victims, her lawyers have said.
The woman sued Glitter, real name Paul Gadd, following his 2015 conviction for abusing her when she was 12, as well as two other young people between 1975 and 1980.
The six-figure sum included £381,000 in lost earnings and £7,800 for future therapy and treatment.
A spokesman for Slater and Gordon, representing the woman, said: “We confirm that Gadd has been made bankrupt following our client’s application.
“As he has done throughout, Gadd has refused to cooperate with the process and continues to treat his victims with contempt.
“We hope and trust that the parole board will take…
Ant Middleton was chief instructor on SAS: Who Dares Wins from 2015-21
Former SAS: Who Dares Wins star Ant Middleton has been banned from being a company director, after his company failed to pay more than £1m tax.
The Insolvency Service said Mr Middleton and his wife, Emilie, “were taking millions of pounds out of” their company when it should have been paying the tax instead.
The couple’s “media representation services” company, Sway and Starting, went into liquidation in 2022 owing £300,000 in VAT and £800,000 in corporation tax.
It had had £4.5m income in the previous three years, “indicating it had enough income to pay the tax it owed in full”, the Insolvency Service said. Meanwhile,…
The woman sued Glitter, real name Paul Gadd, following his 2015 conviction for abusing her when she was 12, as well as two other young people between 1975 and 1980.
The six-figure sum included £381,000 in lost earnings and £7,800 for future therapy and treatment.
A spokesman for Slater and Gordon, representing the woman, said: “We confirm that Gadd has been made bankrupt following our client’s application.
“As he has done throughout, Gadd has refused to cooperate with the process and continues to treat his victims with contempt.
“We hope and trust that the parole board will take his behaviour into account in any future parole applications, as it clearly demonstrates that he has never changed, shows no remorse and remains a…
