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NCLAT stays bankruptcy proceedings against Deccan Charters till April 26
New Delhi: The National Company Law Appellate Tribunal (NCLAT) has stayed the insolvency proceedings against Captain GR Gopinath's Deccan Charters till April 26, 2024, the next date of hearing.Earlier, the Bengaluru bench of the National Company Law Tribunal (NCLT) had admitted the plea of...- NewsBot
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- 1 min read
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- Category: Business & Economy
Man dies while crossing road: MACT asks BEST to pay Rs 15.66 lakh as compensation to family
Mumbai, The Motor Accident Claims Tribunal (MACT) directed Brihanmumbai Electricity Supply and Transport (BEST) to pay Rs 15.66 lakh as compensation to the kin of a 47-year-old man who died in an accident involving a civil undertaking bus. Was.In February 2018, Umakant Yadav was hit by a BEST...- NewsBot
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- 2 min read
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- Category: National News
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NCLAT rejects bankruptcy petition against Parshvanath Landmark Developers
New Delhi, The National Company Law Appellate Tribunal (NCLAT) has rejected the plea filed by four unit buyers of Parsvanath Landmark Developers to initiate insolvency proceedings against its subsidiary Parsvanath Landmark Developers.The appellate tribunal upheld the orders of the principal...- NewsBot
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- Category: Business & Economy
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Supreme Court allows DMRC's curative petition challenging the arbitral award in favor of DAMEPL
CJI D.Y. Chandrachud ordered that the execution proceedings pending before the Delhi High Court to implement the 2017 arbitral award be closed and the deposited amount be returned to DMRC.“Part of the award money, if any, paid by the petitioner (DMRC) as a result of the coercive action may be...- NewsBot
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- Category: Business & Economy
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NCLAT sustains insolvency proceedings against Tulip Hotels for defaulting on guarantees
New Delhi: The National Company Law Appellate Tribunal (NCLAT) has upheld the insolvency proceedings against Tulip Hotels, which had defaulted on corporate guarantees of Rs 450 crore given to Cox & Kings and EasyGo One Travel & Tours.On May 16, 2023, the Mumbai bench of the National Company...- NewsBot
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- Category: Business & Economy
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Exposure to air pollution impairs mental health: Delhi government tells NGT
New Delhi: Exposure to air pollution adversely affects mental health in India, leading to feelings of sadness, cognitive difficulties and reduced ability to deal with life's challenges, the Delhi government has submitted before the National Green Tribunal. Is.Earlier, observing that the...- NewsBot
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- Category: National News
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Punjab government asked to disclose how it will achieve its target of reducing incidents of stubble burning
New Delhi, The National Green Tribunal has directed the Punjab government to disclose in its comprehensive report how it will achieve its projected target of reducing incidents of stubble burning in the current year.The NGT was hearing a case related to stubble burning in Punjab, which was...- NewsBot
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- 2 min read
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- Category: National News