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NCLT orders liquidation of sugar firm

The National Company Law Tribunal (NCLT), Chennai, has ordered liquidation of Thiru Arooran Sugars Ltd. after lenders did not find any viable plan for revival of the company.In 2019, the NCLT had orde

Tamil naduRamakrishnan sadasivanNational company law tribunalThiru arooran sugars ltdPunjab national bankDistilleries private ltdUnion bankThiru arooran sugarsState bankPrivate ltdEconomic offences wingதமிழ் நாடுதேசிய நிறுவனம் சட்டம் தீர்ப்பாயம்பஞ்சாப் தேசிய வங்கிதொழிற்சங்கம் வங்கிநிலை வங்கி

Supreme Court Monthly Digest: March 2021 [74 SC Judgments] [Citation LL 2021 SC 118 To LL 2021 SC 192]

A Bench comprising of Navin Sinha and KM Joseph observed that an application under Section 34 of the Arbitration and Conciliation Act to set aside an award is covered by moratorium under Section 14 of the Insolvency and Bankruptcy Code. Section 34 proceeding is a proceeding against the corporate debtor in a court of law pertaining to a challenge to an arbitral award and would be covered just as an appellate proceeding in a decree from a suit would be covered, the bench headed by Justice RF Nariman observed in the judgment titled P Mohanraj & Ors. v. M/s Shah Brothers Ispat Ltd.

New delhiJammu and kashmirUttar pradeshState of west bengalWest bengalAndhra pradeshMadhya pradeshHimachal pradeshState of rajasthanTamil naduState of assamState of andhra pradeshState of keralaChaganti satyanarayanSurya kantLalita kumari

MCA moves NCLT against former management of CG Power

MCA moves NCLT against former management of CG Power SECTIONS Share Synopsis In 2019, the board of CG Power & Industrial Solutions had to restate its earnings after finding suspected fraudulent transactions by its chairman and few confidantes had removed its chairman Gautam Thapar alleging misappropriation of funds. Thapar refuted the allegations and claimed he had repaid Rs 4,000 crore to many lenders since 2015. Getty Images The Ministry of Corporate Affairs (MCA) has approached the Mumbai bench of the National Company Law Tribunal (NCLT) against the erstwhile management Avantha Group-owned CG Power & Industrial Solutions seeking its intervention to recover the money that “the erstwhile management had allegedly collected and seeking to distribute it to the victim of fraud”. Power equipment major CG Power did not comment. Gautam Thapar former CG chairman too did not respond to a mail from ET.

Madhav acharyaGautam thaparSudhir mathurShikha kapadiaPriyanka sinhaAbhishek kabraNagendra sayyaparajuMurugappa groupAvantha holdingsAvantha groupMinistry of corporate affairsNational company law tribunalCg power industrial solutionsAvantha cg power industrial solutionsIcg groupCorporate affairs

Board of Solara Active Pharma Sciences approves scheme of amalgamation

Board of Solara Active Pharma Sciences approves scheme of amalgamation
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Shareholders of aurore life sciencesSolara active pharma sciencesAurore pharmaceuticalsNational company law tribunalTransferor companiesHydra active pharma sciencesRegulated marketsEmerging marketsAurore life sciencesSolara active pharmaAurore life scienceEmpyrean lifesciences privateAppointed dateCapital marketசோலாரா செயலில் பார்மா அறிவியல்தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம்

The week that was: From BYJU s global expansion to the rise of angel investments in 2021

The week that was: From BYJU s global expansion to the rise of angel investments in 2021
yourstory.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yourstory.com Daily Mail and Mail on Sunday newspapers.

United kingdomWhitehat jrDhaval ahirPiyush ganatraByju raveendranRakesh yadavAmardeep jadejaNational company law tribunalHomes pvt ltdNational company law appellate tribunalAngel investorsஒன்றுபட்டது கிஂக்டம்ப்யஜு ரவீன்றன்ராகேஷ் யாதவ்தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம்வீடுகள் பிரைவேட் லிமிடெட்