Radio Mirchi, Orange in race to acquire Big FM
Both the bidders -- Radio Mirchi & Orange FM consortium and Sapphire FM -- have offered to pay the bid amount within 30 days.
Source: indiatimes.com
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NCLT admits personal insolvency application against Kishore Biyani, ET Retail
The admission of the application by the National Company Law Tribunal (NCLT) ensures moratorium on transactions of personal assets of the guarantor. But it does not give the resolution professional (RP) the right to take control of the personal assets of the guarantor. Following the ruling, the RP will invite claims from lenders and also validate them.
Source: indiatimes.com
JSE going regional through JCSD Trustee service
Jamaica Stock Exchange Limited, which operates as JSE Group, is prospecting for business within the Caribbean as a custodian of investment securities. The intent to go regional was first disclosed during the capital markets conference co-hosted by...
Source: jamaica-gleaner.com
People Moves: Week ending Friday 27 October 2023
This week’s movers include those at Independent Governance Group, Downing, M&G and Sackers.
Source: professionalpensions.com
NCLT admits personal insolvency application against Kishore Biyani
The admission of the application by the National Company Law Tribunal (NCLT) ensures moratorium on transactions of personal assets of the guarantor. But it does not give the resolution professional (RP) the right to take control of the personal assets of the guarantor. Following the ruling, the RP will invite claims from lenders and also validate them.
Source: indiatimes.com