Page 7 - Prag News Today

Nagpur: Indian teenage chess sensation Rameshbabu Praggnanandhaa has many firsts in his career so far.

The Assam Photojournalists Association celebrated World Photography Day at the Gauhati Press Club on Saturday.

From the blog of David Latchman at The Times of Israel

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Aeluma Names Former ams-OSRAM Senior Staff Scientist, Matthew Dummer, ...

Stocks to watch: Shares of firms like TCS, ICICI Bank, BPCL, Adani Total, ONGC, Zomato, and others will be in focus on Friday's trade.

Allowing a section 12A plea filed by the liquidator, the Mumbai bench of the NCLT said the proposal to withdraw the petition against Prag Distillery was approved by 100 per cent votes of the Committee of Creditors (CoC).

The financial creditors have also issued a no-dues certificate after receiving USD 22,50,000 as a full and final settlement.

The national company law tribunal (NCLT) has allowed the withdrawal of the liquidation proceedings against Prag Distillery Pvt Ltd, a subsidiary of Tilaknagar Industries Ltd. NCLT also allowed the reinstatement of the board of directors at Prag Distillery.

The National Company Law Tribunal (NCLT) has removed Prag Distillery from liquidation proceedings and allowed the reinstatement of the board of directors. Prag Distillery, a subsidiary of Tilaknagar Industries, had defaulted on loan repayments and filed for insolvency. After settling outstanding dues, the NCLT nullified preferential transactions and approved the withdrawal of the liquidation application. The decision allows Prag Distillery to resume management operations.