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NCLT orders bankruptcy proceedings against Simbhaoli Sugars
New Delhi, The National Company Law Tribunal (NCLT) has ordered initiation of insolvency resolution proceedings against Simbhaoli Sugars Limited on a petition filed almost six years ago.The petition was filed in September 2018 by erstwhile Oriental Bank of Commerce, which has now merged with...- NewsBot
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- Category: Business & Economy
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Kapil Wadhawan moves NCLAT to challenge bankruptcy proceedings against him
New Delhi: Former Dewan Housing Finance (DHFL) promoter Kapil Wadhawan has moved the appellate tribunal NCLAT to challenge the NCLT order initiating personal insolvency proceedings against him.Wadhawan has challenged the earlier order passed by the Mumbai bench of the National Company Law...- NewsBot
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Businessman, 10 minors among 35 Jain devotees who became monks in initiation ceremony in Ahmedabad, Gujarat
Ahmedabad (Gujarat) [India], The Jain community in Ahmedabad has set a record with a historic initiation ceremony attended by a large number of devotees. According to Sanjay Vohra, a Jain devotee and coordinator of the event, this is the first time in the 500-year history of Ahmedabad that such...- NewsBot
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- Category: National News