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UK rail workers must organise to prevent the RMT's final sellout of their strike - Vimarsana News

UK rail workers must organise to prevent the RMT's final sellout of their strike

40,000 workers were initially involved in the action, 20,000 at Network Rail and 20,000 at 14 train operation companies. The Network Rail strike ended with a rotten deal organised by the RMT last month.

Source: wsws.org
Claim For Pre-CIRP Dues Not Been Filed, Electricity Department Not Entitled To Recover Such Dues Or To Disconnect Electricity: NCLAT Delhi - Vimarsana News

Claim For Pre-CIRP Dues Not Been Filed, Electricity Department Not Entitled To Recover Such Dues Or To Disconnect Electricity: NCLAT Delhi

The National Company Law Appellate Tribunal (“NCLAT”), Principal Bench, comprising of Justice Ashok Bhushan (Chairperson) and Shri Barun Mitra (Technical Member), while adjudicating an appeal filed...

Source: livelaw.in
Insolvency cases up 25% in Q3, but recoveries still on downtrend: Report - Vimarsana News

Insolvency cases up 25% in Q3, but recoveries still on downtrend: Report

Out of the 6,199 cases admitted into CIRP as of end of December 2022, only 10% have ended in approval of resolution plans, while 32% remain in the resolution process versus 35% as of end of March 2022

Latest News | No Deviation in Inviting 'challenge Mechanism', RCap Lender to NCLAT - Vimarsana News

Latest News | No Deviation in Inviting 'challenge Mechanism', RCap Lender to NCLAT

Get latest articles and stories on Latest News at LatestLY. Lenders of Reliance Capital on Friday submitted before the insolvency appellate tribunal NCLAT that there was no deviation from procedures in the 'challenge mechanism' adopted by them for the resolution of Reliance Capital case. Latest News | No Deviation in Inviting 'challenge Mechanism', RCap Lender to NCLAT.

IIHL says it is batting for higher value for stakeholders in Reliance Capital case - Vimarsana News

IIHL says it is batting for higher value for stakeholders in Reliance Capital case

The Hinduja group's IIHL, in its appeal before the National Company Law Appellate Tribunal (NCLAT), has said it is batting for higher valuation for the stakeholders of Reliance Capital.The IIHL said there is no bar on multiple rounds of ...