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Aascar Film's plea to dissolve insolvency proceedings rejected

Aascar Film’s plea to dissolve insolvency proceedings rejected
Updated:
Updated:
Case pertains to non-payment of dues to the tune of ₹116.2 crore
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Case pertains to non-payment of dues to the tune of ₹116.2 crore
The National Company Law Tribunal (NCLT) has rejected a plea by film producer V. Ravichandran to dissolve the insolvency proceedings against Aascar Film Private Limited. It also dismissed another plea, seeking to stay the decision of the committee of lenders to go for liquidation.
In September 2019, the NCLT had ordered insolvency proceedings against Aascar Film in a case filed by Indian Overseas Bank for alleged non-payment of dues of about ₹116.2 crore. The loans were availed for making movie I and commitments under a one-time settlement agreement were not fulfilled, the bank said. ....

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Prince Charles rejected over request to speak to Prince Harry privately

Prince Charles rejected over request to speak to Prince Harry privately
Entertainment
Sun, Apr 25, 2021
Prince Harry is reportedly turned down Prince Charles’s request to have a private conversation when he was in the UK for Prince Philip’s funeral.
According to
Daily Mirror editor Russell Myers, there were many in the palace, including Charles, who wanted to end their rift with Harry.
However, due to the Duke of Sussex s tight schedule, he had to fly back to the US to his pregnant wife Meghan Markle.
Whilst he was over here, he didn t have a chance to have a face-to-face with his father Charles, he said. ....

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More than 250 buses cancelled in Wellington, drivers decide on strike action

Union members are expected to firmly reject pay offer after a breakdown in negotiations. ....

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Ex-SARS operative denied asylum in Canada for 'contributing' to police brutality NEWS

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Canada has rejected the request of a former member of the Special Anti-Robbery Squad, Olushola Popoola, seeking asylum in the North American country.
Popoola’s application was rejected by the Immigration Division of the Immigration and Refugee Board in Canada because he was a member of the defunct unit of the Nigeria Police Force between 2002 and 2015.
Popoola left Nigeria in 2016 for the United States before he travelled to Canada, where he claimed refugee status. His claim was, however, suspended while his case was referred to the Immigration Division for a determination of his inadmissibility.
According to the Canadian immigration department, Popoola was subsequently found “inadmissible pursuant to section 35(1)(a) of the Immigration and Refugee Protection Act, SC 2001, c 27 [the Act]” because “the Nigeria Police Force, and the SARS in particular, have committed crimes against humanity from 2002 to 2015” including “corruption and impunity� ....

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'Underwater Gallery Nilwella' declared open on the southern coast - Hiru News - Srilanka's Number One News Portal, Most visited website in Sri Lanka

Sunday, 11 April 2021 - 17:38
Minister of Youth & Sports, Honorable Namal Rajapaksa declared open the ‘Underwater Gallery Nilwella’ at Nilwella beach yesterday (10th April 2021).
Built with the contribution of the Sri Lanka Navy, this latest addition in the southern coast of Nilwella, would from here on attract more local and foreign holidaymakers towards this popular tourist destination.
The project had been set in motion after taking a wide array of matters into consideration. Among them; prevention of harmful effects on marine animals, plants and corals due to natural and human activities, protection of the marine ecosystem, creation of an artificial fish breeding environment, provision of artificial substrates for coral reefing and offering a magnificent site for scuba divers were factored. ....

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