Mumbai s NCLT admits Four Care Hospital for Corporate Insolvency Resolution Process under application by Standard Chartered Bank while the tribunal has appointed Rajan Garg as resolution professional. Promoter availed loan from DHFL, later acquired by Standard Chartered Bank.
The Indian cricket board has filed the application against Byjus parent company, Think & Learn, under the Insolvency and Bankruptcy Code, 2016 before the Bengaluru bench of the National Company Law Tribunal (NCLT).
Novi Digital Entertainment, the owner of Disney+ Hotstar, has begun the process of merging with its parent company, Star India, which is owned by Walt Disney Company. The companies have filed a merger scheme with the National Company Law Tribunal in Mumbai. The aim of the merger is to restructure their streaming, broadcasting, and distribution businesses, achieving economies of scale and operational efficiencies.
Several lawyers told ET, on the condition they would not reveal the identity of their clients, that there is a new trend of "silver separation", with couples in their late 50s to 70s, mostly in metros, reaching out to them seeking advice for the purpose of divorce.