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SEBI Disposes Adjudication Proceedings Against DHFL in DHFL Pramerica Life Insurance Share Transfer Case

SEBI Disposes Adjudication Proceedings Against DHFL in DHFL Pramerica Life Insurance Share Transfer Case
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Prasanta Mahapatra , Advisory Investments Pvt Ltd , Wadhawan Global Capital Ltd , Dewan Housing Finance Corporation Ltd , National Company Law Tribunal , Pramerica Life Insurance Co , Investments Ltd , Exchange Board Of India , Exchange Board , Bankruptcy Code , Life Insurance , Unfair Trade Practices , Listing Obligations , Disclosure Requirements , Investments Pvt Ltd , பிரசாண்த மகாபத்ரா , வாதவன் உலகளாவிய மூலதனம் லிமிடெட் , திவான் வீட்டுவசதி நிதி நிறுவனம் லிமிடெட் , தேசிய நிறுவனம் சட்டம் தீர்ப்பாயம் , பிரமெரிக்க வாழ்க்கை காப்பீடு இணை , முதலீடுகள் லிமிடெட் , பரிமாற்றம் பலகை ஆஃப் இந்தியா , பரிமாற்றம் பலகை , திவால்நிலை குறியீடு , வாழ்க்கை காப்பீடு , நியாயமற்றது வர்த்தகம் ப்ர்யாக்டிஸஸ் ,

Will the perfume baron Badruddin Ajmal smell the success?


Will the perfume baron Badruddin Ajmal smell the success?
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Synopsis
Ajmal, the perfume baron who says he is no longer interested in business, has assumed centrestage in Assam elections.
The man from Hojai in Assam wears many hats founder of AIUDF, three-time MP and Islamic spiritual healer but outside these spheres, he is a perfume mogul.
Who is Badruddin?”
Fifteen years ago, former Assam chief minister Tarun Gogoi pointedly asked that question and kept asking it. The year was 2006. A newly formed All India United Democratic Front (AIUDF) mounted a massive election campaign, with its founder Maulana Badruddin Ajmal pumping in cash in minority-dominated pockets of lower and middle Assam. Gogoi was alerted by his party leaders that it was an attack on their very citadel. In his characteristically candid style, the late Congressman retorted “Who is Badruddin?” a question he repeated in public forums. ....

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Sandesaras| 'Nigeria, Albania rejected India's plea to extradite us, Interpol refused to issue Red Corner Notice'


Updated Feb 25, 2021 | 13:20 IST
If the docs submitted in SC are to be believed, all these happened in April, July, Nov of 2019 respectively but the info surfaced only through an affidavit submitted by Sandesaras in the SC on Feb 19, 2021.
Nitin Sandesara of Sterling Biotech   |  Photo Credit: Twitter
New Delhi: It is a very important development pertaining to the Sandesaras, promoters of the Sterling Biotech group who have been declared fugitive economic offenders in Sept 2020 by a Delhi Court on a plea filed by ED relating to a case wherein they have defrauded Indian banks to the tune of at least Rs 15, 600 crores and fled to Nigeria. ....

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TVS Group implements family arrangement - The Hindu BusinessLine


TVS Group implements family arrangement
January 27, 2021
Holding company transfers equity in listed entities to the respective family investment firms
TVS family members, who had announced plans on December 10 last year to align ownership with management of the various group companies, on Wednesday agreed on the methodology to execute it.
In a notification to the stock exchanges, various listed companies of the group detailed how they will carry out the process a composite scheme of amalgamation and arrangement that will be filed before the Chennai Bench of the National Company Law Tribunal (NCLT).
As a first step, the two holding companies Sundaram Industries Pvt Ltd and Southern Roadways Pvt Ltd will be amalgamated into TVS Sundaram Iyengar & Sons Pvt Ltd, another holding company. At the same time, businesses managed by various family members will be demerged into companies that are majority-owned by the respective families. ....

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