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Why Meta tapped Kunal Shah; Beauty’s new factory boomHappy Wednesday! Meta just handed WhatsApp’s steering wheel to Cred’s Kunal Shah, betting he can turn India’s favourite chat app into a pay...- Byju's Aakash endgame; Startup deal street wakes upHappy Monday! Byju's US lenders and Manipal are close to sealing a settlement over Aakash. This and more in today’s ETtech Morning Dispatch.
- Fix the ABC of IBC: Why we should re-engineer the bankruptcy code furtherThe recent litigation around Jaypee has once again unleashed a raging debate over arbitrary decision-making by financial creditors, lack of...
- Flipkart puts IPO on ice; Rapido's $240 million raiseFlipkart has hit pause on its IPO in a jittery market. This and more in today's ETtech Top 5.
- NCLT directs IIHL to put Rs 2,750 cr in RCap accountIIHL's counsel, Abhishek Manu Singhvi, assured the court that previous issues with transferring equity funds to the escrow account have bee...
- NCLT dismisses ADAVPL’s application to block use of ‘Reliance’ brand by IIHLThe Mumbai bench of the National Company Law Tribunal (NCLT) has dismissed an application from Anil Dhirubhai Ambani Ventures Pvt Ltd (ADAV...
- NCLT to hear Reliance Capital-IIHL resolution case on Wednesday, expected to issue direction to partiesThe Mumbai bench of NCLT was expected to consider an application from Reliance Capital's Administrator, urging IIHL to implement a resoluti...
- Hinduja Group ready to pay Rs 2,750 crore now for Reliance Capital resolution, files intervention application before NCLTIn an email communication from IIHL’s CEO, Moses John, to RCap administrator Nageswara Rao, IIHL emphasized the need to complete multiple a...
- Reliance Cap resolution: NCLT to hear IIHL plea for deadline extension on June 20The National Company Law Tribunal (NCLT) will hear a plea from Hinduja Group firm IIHL on June 20 for an extension of the deadline to compl...
- Reliance Capital insolvency: NCLT rejects Torrents's plea, to hear Hinduja's resolution plan approval on September 26The matter was listed for hearing on Tuesday before the insolvency tribunal, however, it has now been adjourned to September 26. The NCLT s...
- Torrent vs Hinduja fight for Reliance Capital may reach NCLAT doorsThe bankruptcy court Thursday allowed an application filed by Torrent Investments challenging the lender's decision to hold a second auctio...
- Creditors move NCLAT against verdict to stay Reliance Capital auctionThe committee of creditors (CoC) approached the appellate tribunal after the Mumbai bench of the National Company Law Tribunal (NCLT) staye...
- NCLT directs lenders to maintain status quo on Reliance Capital matterThe NCLT Mumbai bench, led by Justice Shyam Babu Gautam and Justice Pradeep Narhari Deshmukh, has been hearing the applicants on a day-to-d...
- NCLT delays fresh auction for Reliance CapitalThe tribunal, led by Justice Shyam Babu Gautam and Justice Pradeep Narhari Deshmukh, extended the date of the 'challenge mechanism' to Janu...
- Torrent Investment asks NCLT to quash fresh CoC's fresh auction round for Reliance CapitalIf this 'challenge mechanism' is accepted, there will be no finality and the CoC will announce a fresh round of auction every month increas...
- NCLT to hear Torrent's plea against Reliance Capital auctionOn Monday, senior advocate Ravi Kadam, appearing for Reliance Capital administrator Nageswara Rao Y, sought a day's time to file his respon...
- Reliance Capital's loans to its group companies lead to Rs 1,755 crore financial impactBDO India LLP is assisting the IBC-appointed administrator of Reliance Capital in carrying out an investigation of the transaction-related ...
- Reliance Capital says corporate insolvency resolution started against company"Pursuant to order dated December 6, 2021 of the National Company Law Tribunal, Mumbai, corporate insolvency resolution (CRIP) has been ini...
- NCLT reserves order on RBI’s plea to commence insolvency against Reliance CapitalBefore that Ravi Kadam, senior advocate, appearing for the RBI informed the Mumbai bench of the National Company Law Tribunal (NCLT) that u...
- RBI action against Reliance Capital: Better late than neverAs a practical matter, a company can't be referred to the National Company Law Tribunal (NCLT) within weeks and months of a first default. ...
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