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NCLT admits Yashraj Containeurs' voluntary insolvency resolution application

Yashraj Containeurs Ltd has been admitted for voluntary corporate insolvency resolution. Manish Motilal Jaju is appointed as the interim resolution professional. The management will vest in the IRP/RP. The suspended directors and employees must provide all documents and information. Bank of India has no objection to the application.

India , Mumbai , Maharashtra , Kishore-vemulapalli , Jagmohan-singh , Manish-motilal-jaju , Yashraj-containeurs , Nausher-kohli , Aircel-ltd , Ricoh-india-ltd , Yashraj-containeurs-ltd , National-company-law-tribunal

IBC | Statutory Set Off Or Insolvency Set Off Inapplicable To Corporate Insolvency Resolution Process: Supreme Court

The Supreme Court has held statutory set off or insolvency set off is not applicable to Corporate Insolvency Resolution Process (“CIRP”) proceedings under the Insolvency and Bankruptcy Code, 2016...

United-kingdom , India , Justicesanjiv-khanna , V-vijaykumarv-iyer , Dishnet-wireless , Dishnet-wireless-ltd , Airtel , Aircel-ltd , Supreme-court , National-company-law-tribunal , National-company-law-appellate-tribunal , Department-of-telecommunications-do

GoKwik appoints former PayU director Ravi Kant Arora as senior VP - Finance

GoKwik appoints former PayU director Ravi Kant Arora as senior VP - Finance
indiantelevision.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiantelevision.com Daily Mail and Mail on Sunday newspapers.

Mumbai , Maharashtra , India , Delhi , Ravi-kant-arora , Chirag-taneja , Delhi-university , Aircel-ltd , Bharti-airtel-ltd , Stanza-living , Assistant-general-manager , Finance-control

Aircel insolvency: Plea in Supreme Court for interim sale of right to use of spectrum, ET Telecom

Sbi: The former Resolution Professional of Aircel entities has requested the Supreme Court's permission to sell the right to use spectrum on an interim basis in order to prevent a decline in its value. The professional stated that the limited term of the spectrum would result in a deterioration of its commercial use. The proposed sale would involve keeping the proceeds in an interest-bearing escrow account.

Mumbai , Maharashtra , India , Vijaykumarv-iyer , Balbir-singh , Justice-sanjiv-khanna , Committee-of-creditors-the-aircel , Supreme-court , Aircel-ltd , National-company-law-appellate-tribunal , Uv-asset-reconstruction-company , National-company-law-tribunal

Aircel insolvency: Plea in Supreme Court for interim sale of right to use of spectrum

The former Resolution Professional of Aircel entities has requested the Supreme Court's permission to sell the right to use spectrum on an interim basis in order to prevent a decline in its value. The professional stated that the limited term of the spectrum would result in a deterioration of its commercial use. The proposed sale would involve keeping the proceeds in an interest-bearing escrow account.

Mumbai , Maharashtra , India , Justice-sanjiv-khanna , Balbir-singh , Vijaykumarv-iyer , Committee-of-creditors-the-aircel , Uv-asset-reconstruction-company , Aircel-ltd , Supreme-court , National-company-law-tribunal , National-company-law-appellate-tribunal

SBI Distressed Loans: SBI seeks buyers for its Rs 96,000 crore distressed loans

State Bank of India (SBI) plans to sell over INR 960 billion ($12.9 billion) of distressed loans to asset reconstruction companies. The countrys largest bank prepared a list of 331 accounts, including loans to Future Group, Anil Ambani-promoted firms, Videocon Group and Jaypee Group, among others.

Tamil-nadu , India , Bombay , Maharashtra , Switzerland , Shirpur , Maheshwar , Madhya-pradesh , Swiss , Regen-powertech , Mukesh-ambani , Anil-ambani

12,963 Cases Pending under IBC, Rs2.44 Lakh Crore Realised in 611 CIRPs: Govt

While clarifying that no proposal to set up any new bench of the National Company Law Tribunal (NCLT) and National Company Law Appellate Tribunal (NCLAT)

India , Rao-inderjit-singh , Lok-sabha , Ravi-kishan-shukla , Ravindra-shyamnarayan , Aircel-ltd , Dewan-housing-finance-corporation-ltd-at-rs , Essar-steel-india-ltd , Bhushan-steel-ltd-at-rs , Electrosteel-steels-ltd-at-rs , Aircel-cellular-ltd-rs , National-company-law-appellate-tribunal

Why Vodafone Idea May Not Consider A Voluntary Bankruptcy Filing Yet

Why Vodafone Idea May Not Consider A Voluntary Bankruptcy Filing Yet
bloombergquint.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bloombergquint.com Daily Mail and Mail on Sunday newspapers.

India , Kumar-mangalam-birla , Suharsh-sinha , Aircel-ltd , Communications-commission , Birla-group , Vodafone , Supreme-court , Reliance-communications-ltd , Us-supreme-court , Department-of-telecommunications , Vodafone-idea-ltd

Lenders looking to enforce guarantees of former promoters of Aircel

Lenders looking to enforce guarantees of former promoters of Aircel
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.

India , Lenders-of-aircel-ltd , Maxis , National-company-law-tribunal , Visa , Aircel-ltd , Standard-digital , Business-standard , Seamless-sign-up , Business-standard-digital , Debit-cards

Report: Ananda Krishnan's right-hand man frontrunner to lead Putrajaya's 5G SPV | Malaysia

Friday, 26 Feb 2021 10:35 AM MYT
BY ASHMAN ADAM
A woman uses a smartphone as she walks pass a 5G logo during the launch of the 5G Showcase in Putrajaya April 18, 2019. — Picture by Mukhriz Hazim
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KUALA LUMPUR, Feb 26 — Augustus Ralph Marshall, the once trusted aide to Malaysia’s second richest man Tan Sri T. Ananda Krishnan, is rumoured to be the frontrunner to spearhead the government’s special purpose vehicle (SPV) tasked with the rollout of 5G in Malaysia.
The Vibes reported today that the former Maxis Bhd and Astro Holdings Bhd top leader’s name came up as a candidate to lead the SPV as Putrajaya works to finalise the details.

India , Kuala-lumpur , Malaysia , Malaysian , Dayanidhi-maran , Fadhlullah-suhaimi-abdul-malek , Kalanithi-maran , Augustus-ralph-marshall , Fitch-solutions , Aircel-ltd , Ministry-of-finance-mo , Communications-commission