#Supertech went into #insolvency today after the Delhi bench of #NCLT admitted a #petition filed by Union Bank of India for non-payment of dues.
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https://www.moneycontrol.com/news/business/banks/supertech-mess-experts-say-long-wait-ahead-for-creditors-including-homebuyers-lenders-cautious-8276551.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/banks/supertech-mess-experts-say-long-wait-ahead-for-creditors-including-homebuyers-lenders-cautious-8276551.html?utm_source=telegram&utm_medium=social
Moneycontrol
Supertech mess: Experts say long wait ahead for creditors including homebuyers; lenders cautious
Supertech went into insolvency on March 25 after the Delhi bench of NCLT admitted a petition filed by Union Bank of India for non-payment of dues. The company plans to move the appellate tribunal with an appeal.
With this move, #Karnataka joins its neighbouring state Tamil Nadu that had also filed a similar petition before the #SC in November last year, with the #hearing on the #petition still pending.
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https://www.moneycontrol.com/news/business/online-gambling-ban-karnataka-govt-approaches-supreme-court-against-hc-judgement-8296291.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/online-gambling-ban-karnataka-govt-approaches-supreme-court-against-hc-judgement-8296291.html?utm_source=telegram&utm_medium=social
Moneycontrol
Online gambling ban: Karnataka govt approaches Supreme Court against HC judgement
Karnataka now joins its neighbouring state Tamil Nadu that had also filed a similar petition before the Supreme Court in November last year
The Amaravati bench of the #NCLT ordered #CIRP at Andhra Cements while hearing a #petition filed by Pridhvi Asset Construction and Securitisation Company (Paras).
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https://www.moneycontrol.com/news/business/companies/nclt-orders-insolvency-proceedings-at-andhra-cements-8426551.html?utm_source=telegram&utm_medium=social
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https://www.moneycontrol.com/news/business/companies/nclt-orders-insolvency-proceedings-at-andhra-cements-8426551.html?utm_source=telegram&utm_medium=social