05Jun 2024

UGI USER
bankruptcy law company insolvency corporate debt debt resolution Financial News Indian Judiciary insolvency proceedings JAL claims legal developments NCLT
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“NCLT REJECTS JAL’S CLAIMS, ORDERS INSOLVENCY PROCEEDINGS INITIATION”

Why in the news? The National Company Law Tribunal (NCLT) ordered the initiation of insolvency proceedings against Jaiprakash Associates Ltd. (JAL) on June 3. Jaiprakash Associates Ltd. (JAL’s) claim of facing a liquidity crunch and defaulting on debt repayments due to government delays and litigation was rejected by the NCLT. source:slideplayer About National Company Law …

02Apr 2024

UGI USER
AAP controversy Arvind Kejriwal corruption case Delhi excise policy case Delhi Government Enforcement Directorate Indian Politics judicial custody legal developments political news
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KEJRIWAL SENT TO JUDICIAL CUSTODY FOR TWO WEEKS IN DELHI EXCISE POLICY CASE

Why in the news? Delhi CM Arvind Kejriwal receives 14-day judicial custody for alleged money laundering in the excise policy case. Political controversy ensues. source:wordpress Highlights of the Judicial Custody Order: AAP leader and Delhi CM Arvind Kejriwal received a 14-day judicial custody sentence in a money laundering case related to the excise policy. Enforcement …

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“NCLT REJECTS JAL’S CLAIMS, ORDERS INSOLVENCY PROCEEDINGS INITIATION”

KEJRIWAL SENT TO JUDICIAL CUSTODY FOR TWO WEEKS IN DELHI EXCISE POLICY CASE

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