Bhutan: Indian firm takes over construction of Hindu temple
Bhutan: Indian firm takes over construction of Hindu temple
An Indian Infrastructure Firm Took Over The Construction Of A Much-delayed Durga Temple In Bhutan After The Project Was Hit By Flaws In Its Design. PTI | Updated on: 01 Jul 2017, 10:27:28 PM
Thimphu:
An Indian infrastructure firm took over the construction of a much-delayed Durga temple in Bhutan after the project was hit by flaws in its design. It also had disagreement among members of a Hindu body governing the temple, according to a media report.
The construction work of the temple at Kuensel Phodrang in Thimphu began in 2012 and was scheduled to be completed in 2014, but the project got delayed as its design had some flaws and also there was disagreement among Hindu Dharma Samudaya of Bhutan (HDSB) members, Kuensel Online reported.
Supreme Court
NOIDA: For some 17,000 buyers of Jaypee Wish Town, the wait for a resolution is getting longer. The Supreme Court reserved its judgment in the case on October 8, 2020. Four months since then, buyers have been waiting for an order that could help in the completion of the flats.
The top court took over the case after state-owned NBCC had moved the National Company Law Appellate Tribunal challenging the insolvency resolution at the National Company Law Tribunal over financial obligations, which include a security deposit of Rs 750 crore made by Jaiprakash Associates Limited (JAL) as security in favour of their subsidiary, debt-ridden developer Jaypee Infratech Limited (JIL).
To print this article, all you need is to be registered or login on Mondaq.com.
The Insolvency and Bankruptcy Code stands to be one of the most
direly needed legislation in the wake of the increasing corporate
culture in India. The code makes both individual and corporate
insolvency process comprehensive yet simpler. The code has a very
vast scope and is applicable to the entire range starting from a
farmer to a billionaire businessman, from startups to
well-established gigantic corporate hubs. Corporate defaults run at
micro levels. Even at a micro level of the individual such failures
may very well occur. Due to an unfortunate yet inevitable