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SMAAASH NCLT
NCLT admits Smaaash Leisure into insolvencySmaaash Leisure, a popular entertainment operator, has been admitted to insolvency proceedings. The company failed to repay its dues, leadi...- Nazara Technologies shares in focus after Q4 revenue nearly doubles; net profit surges to Rs 4 croreNazara Technologies’ Q4FY25 revenue nearly doubled to Rs 520.2 crore, with net profit rising to Rs 4 crore. Despite higher marketing and em...
- Nazara Technologies Q4 revenue nearly doubles; net profit rises to Rs 4 croreNitish Mittersain, CEO of the online gaming company, said Nazara expects greater contribution from high-margin gaming businesses this year,...
- Nazara’s resolution plan to acquire Smaaash gets NCLT nodSachin Tendulkar-backed Smaaash Entertainment has been undergoing insolvency proceedings under the Insolvency and Bankruptcy Code. It was a...
- Lenders approve Nazara's resolution plan to buy SmaaashNazara's resolution plan received 99% of the creditors' vote in a process which was completed earlier this week. The second bidder-a consor...
- India’s bumper Apple harvest; GCCs go wider to hunt talentThe iPhone has driven India’s mobile exports to over $15 billion in FY24. This and more in today’s ETtech Top 5.
- Nazara Tech, Resurgent consortium bidders for SmaaashSmaaash owes creditors led by Edelweiss ARC about Rs 452 crore. Other lenders to the company are Yes Bank, Sidbi and Mabella Investment Adv...
- Smaaash Entertainment RP gets 11 takeover bidsProspective bidders have been given time until December 23 to submit fresh resolution plans with January 2, 2024 being set as the date for ...
- Smaaash's RP invites resolution plans for a 3rd timeProspective bidders have been given time until December 23 to submit fresh resolution plans with January 2, 2024 being set as the date for ...
- Tribunal sets aside 'fraudulent' transfer of Smaaash brandThe Mumbai bench of the National Company Law Tribunal (NCLT) has invalidated the change of ownership of the "Smaaash" brand, labeling it a ...
- Resolution professional moves NCLT over Smaaash's Ownership changeIn a petition filed before the court, the RP said that Morakhia had sought to "sell, assign and transfer" the brand content and trademarks ...
- Creditors to Smaaash optimistic about recovery of duesSmaaash Entertainment Pvt Ltd (SEPL) was admitted by the Mumbai National Company Law Tribunal (NCLT) following a default of ₹292.4 crore to...
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