NCLT reserves order in BSNL insolvency case filed by Digispice, ET Telecom
The counsel for Digispice contended that BSNL had made unreasonable deductions from the final bill amount, without considering Digispice’s view.
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The counsel for Digispice contended that BSNL had made unreasonable deductions from the final bill amount, without considering Digispice’s view.
National Company Law Tribunal reserves order in insolvency petition against Bharat Sanchar Nigam Limited filed by Digispice Technologies Ltd. Digispice claims BSNL refused to pay for content and consultancy services. BSNL disputes bill amount and existence of running account. Digispice initiated insolvency proceedings. Supreme Court allows insolvency proceedings against government companies.
Several BSE500, midcap, and smallcap stocks gained 15 to 50 percent in August. Increased investment by DIIs and strong quarterly performance of these companies are among the factors that boosted investor confidence, say analysts
Nifty and Sensex continue to fall due to global market trends and foreign fund outflows.
The Board of Directors of DiGiSPICE Technologies Limited, at its meeting held today have approved the financial results of the company for the period ended March 31, 2023 - Q4FY23 and FY2023.