Stocks that will see action today (April 23)
A Reuters report quoting unnamed sources said the markets regulator has found a dozen offshore funds invested in Adani group companies are in violation of disclosure rules and in
Source: wn.com
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Insolvency Proceedings: Subhash Chandra Faces Insolvency Proceedings | Delhi News
NEW DELHI: The National Company Law Tribunal (NCLT) on Monday admitted a petition filed by Indiabulls Housing Finance and directed initiation of perso.
Source: indiatimes.com
NCLT admits Indiabulls' personal insolvency plea against Zee's Subhash Chandra
As a result of Chandra being admitted to moratorium, no litigation can be initiated against him. Chandra also cannot alienate or sell any of his assets and the Resolution Professional will now process the claims of those who intend to recover money from him.
Source: moneycontrol.com
NCLT admits Indiabulls' personal insolvency plea against Zee's Subhash Chandra: Report
IBHF claimed that while Chandra indicated of a settlement being reached in the dispute, it is yet to be fulfilled. So, they are constrained to revive the personal insolvency plea. The plea was filed under the Insolvency and Bankruptcy Code, 2016 (IBC)
Source: businesstoday.in
NCLT Admits India Bull's insolvency plea against Subhash Chandra
Indiabulls Housing Finance filed the plea in 2022 after a ₹170 Crore loan to Vivek Infracon turned into non-performing assets.
Source: indiainfoline.com