Supreme Court dismisses appeal against ND Art's insolvencyThe Supreme Court has dismissed a petition seeking a review of the National Company Law Appellate Tribunal's (NCLAT) order allowing bankrup...
15 Sep, 2023, 08.35 PM IST
Bankruptcy court grants RP's request for immunity due to 'unintentional delay' in ND's Art World resolution processThe tribunal, in its order of August 28 observed that a police case for abetment of suicide under IPC came to be registered in this matter ...
02 Sep, 2023, 01.14 AM IST
Nitin Desai started delaying on loan repayment schedules from end of 2018: Edelweiss officials to HCSenior Edelweiss officials, accused of abetting the suicide of renowned art director Nitin Desai on Friday submitted to the Bombay High Cou...
18 Aug, 2023, 06.36 PM IST
Art director Nitin Desai's death: No interim relief to Edelweiss officials; HC to hear their pleas on Aug 18The Bombay High Court stated that it would hear the pleas of Edelweiss officials against the FIR accusing them of abetting the suicide of f...
11 Aug, 2023, 12.24 PM IST
Nitin Desai death: 3 representatives of Edelweiss Group appear before Raigad policeThe police on August 4 registered a criminal case against five persons, including Edelweiss Group chairman Rashesh Shah, for alleged abetme...
08 Aug, 2023, 01.09 PM IST
Nitin Desai Death By Suicide Case: Maharashtra police registers abetment to suicide case against 5 officials of ECL FinanceAccording to the police, a case of abetment to suicide under section 306 of the Indian Penal Code (IPC) was registered based on the complai...
05 Aug, 2023, 02.04 PM IST
FIR registered against Edelweiss Group chairman, four others in Nitin Desai suicide caseRaigad police in Maharashtra on Friday registered an offence against five persons including Edelweiss Group chairman Rashesh Shah for alleg...
05 Aug, 2023, 02.03 PM IST
Nitin Desai Death: Raigad police to summon officials from Edelweiss ARCThe Maharashtra police will soon summon the officials from Edelweiss Asset Reconstruction Company Limited or Edelweiss ARC in connection wi...
03 Aug, 2023, 10.36 PM IST
Nitin Desai Death Case: Edelweiss ARC issues statement on insolvency proceedings against art director's companyEdelweiss ARC on Thursday issued a statement regarding insolvency proceedings against art director Nitin Desai's company, ND's Art World Pr...
03 Aug, 2023, 09.49 PM IST
Nitin Desai was facing financial strain, defaulted on Rs 252 cr loan; insolvency proceedings initiated against art director's company last weekDesai, through his company ND's Art World Pvt Ltd, had borrowed Rs 185 crore in the form of two loans from ECL Finance in 2016 and 2018. He...
02 Aug, 2023, 01.30 PM IST
Most Future Enterprises lenders back Avil Menezes as resolution professionalThe National Company Law Tribunal (NCLT) had appointed Jitender Kothari as the interim resolution professional (IRP) in February when FEL w...
05 Jul, 2023, 12.42 AM IST
RP seeks urgent NCLT hearing in Anil Ambani insolvency caseJitender Kothari, an RP appointed by NCLT to look into the claims of State Bank of India against Ambani, approached the tribunal on Wednesd...
24 Jun, 2022, 06.16 AM IST
Delhi HC issues notices to SBI, others in Anil Ambani personal guarantee caseAlong with SBI, Insolvency & Bankruptcy Board of India (IBBI) and the Ministry of Corporate Affairs will also have to file their responses ...
12 Oct, 2020, 08.00 PM IST
SBI moves SC to vacate stay on recovering dues from Anil Ambani by invoking personal guaranteeA division bench of the high court led by justice Vipin Sanghi had on August 27 stayed a Mumbai bankruptcy tribunal order appointing IRP. S...
05 Sep, 2020, 06.30 AM IST
Delhi High Court halts insolvency proceedings against Anil Ambani in Rs 1,200-crore loan default caseThe SBI had moved the NCLT to recover over Rs 1,200 crore from Anil Ambani under the personal guarantee clause of the bankruptcy law.
27 Aug, 2020, 03.14 PM IST
Anil Ambani moves Delhi HC to challenge the appointment of IRP by NCLTAmbani in his petition is also challenging the Mumbai bankruptcy tribunal order which allowed the appointment of an interim resolution prof...
26 Aug, 2020, 09.42 PM IST