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AJIT KERKAR
How Ratan Tata strategically used retirement policies to consolidate power, modernise Tata GroupRatan Tata strategically used retirement policies to reshape Tata Group. He enforced a retirement age for directors, leading several senior...- CBI registers Rs 525 cr bank fraud case against Cox and Kings promoters, directorsThe CBI has filed a case against Cox and Kings' promoters and directors for an alleged Rs 525-crore bank loan fraud, based on a complaint f...
- High Court denies bail to promoter of Cox and Kings in money laundering caseIn his plea, Kerkar had said that he had been incarcerated for two years and 340 days which is almost three years, the minimum sentence he ...
- NCLT admits Tulip Hotels into insolvencyAccording to JC Flowers ARC's counsel Nausher Kohli, the hospitality company had defaulted payment under two guarantees in its capacity as ...
- Former directors of Cox & Kings under Mumbai Police scannerThe city police had earlier arrested the promoter, Ajay Ajit Peter Kerkar, and former chief financial officer Anil Khandelwal, who are now ...
- YES Bank fraud: Mumbai police arrests Cox & Kings promoterKerkar is already in jail, after he was arrested by the Enforcement Directorate (ED) in a money-laundering case linked to the alleged Yes B...
- PMLA: Cox & Kings promoter remanded in ED custody till December 3The ED probe has shown Yes Bank had total outstanding of Rs 3,642 crore against Cox & Kings Group of Companies (CKG), and Kerkar's role is ...
- Peter Kerkar of Cox & Kings arrested by ED in money laundering caseIn October, the ED had arrested Cox & Kings Group CFO Anil Khandelwal and internal auditor of Naresh Jain, under sections of the Prevention...
- Rs 946-cr bank fraud case: CBI carries out searches against Ezeego promoters in MumbaiThe Central Bureau of Investigation (CBI) has booked company promoters Ajay Ajit Peter Kerkar and Urrshila Kerkar, and directors Neelu Sing...
- Mumbai police issues look-out notice against promoter of Cox & Kings“The LoC has been opened as a precautionary measure to ensure that the accused don’t flee the country. It is based on the first information...
- Yes Bank case: ED searches five premises linked to Cox & KingsThe teams of the central agency are carrying out the searches under the Prevention of Money Laundering Act (PMLA), they said.
- Yes Bank moves in to name wilful defaultersIn July this year, Yes Bank acquired 19% in Cox & Kings by invoking pledged shares. It also picked up 30% in Ezeego One Travel & Tours, a c...
- Tata Sons EGM: Rift between Ratan Tata, Nusli Wadia widens over Cyrus Mistry feudIt was his childhood friend Nusli Wadia who sided with Ratan Tata to remove his rivals Russi Mody, Darbari Seth and Ajit Kerkar from their ...
- Mumbai’s Centaur hotel at Juhu up for sale at over Rs 1,300 croreThe Asset Reconstruction Company (India) Ltd (Arcil) has set a reserve price of Rs 1,315 crore for the six-acre sea-facing property on Juhu...
- Ajit Kerkar can’t monetize Tulip HotelThe Bombay HC, restrained his hospitality company Tulip from creating any third-party rights on the premises or changing the facade of the ...
- Bombay HC quashes arbitration award in Tulip Hotel caseThe court was of the view that the arbitration award was contrary to the contract agreed between the parties and deserved to be set aside.
- Bombay High Court clears deck for Centaur land developmentIn 2005, Siddhivinayak Realties had agreed to purchase Centaur Hotel from Ajit Kerkar, former chief of Indian Hotels, and the Tulip Group.
- Tulip Star Case: Siddhivinayak Realties can now develop landIn July 2011, an arbitration panel ruled against Siddhivinayak Realties and asked V Hotels to refund the Rs 73-crore payment within 90 days.
- Legal battle over Tulip Star Hotel's 6-acre land continues as arbitrators cancel dealSiddhivinayak Realties wants the agreement to be honoured to get control of this prime plot on Juhu beach.
- Clear Juhu Centaur deal: Govt to TulipNEW DELHI: The Centre has served an ultimatum on Tulip Hotels to clear transactions for Juhu Centaur by February 23. HPCL, BPCL selloff nex...
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