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SPORTA TECHNOLOGIES INSOLVENCY
Dream11 gets relief from insolvency resolution processNCLAT freed Sporta Technologies from CIRP after rejecting Reward Solutions' petition linked to a ₹7.61 crore default, aligned with Section ...- NCLAT reserves order on plea challenging Dream 11 insolvencyNCLAT reserved judgment on Bhavit Sheth's plea against Sporta Technologies. RP argued 10A applies to default, not debt claim ability. Defau...
- NCLAT asks IRP of Dream 11 not to take steps for insolvencyNCLAT ordered the IRP of Sporta Technologies, operator of Dream 11, to maintain the company as a going concern, halting insolvency steps du...
- NCLAT tells IRP to take no further steps in Dream11 insolvency; NCLT order stayedThe counsel appearing for the co-founder and COO of Dream11, Bhavit Seth, had requested that no further steps be taken in the insolvency re...
- RBI diktat on commercial card payments; Google eyes WhatsApp Business territoryIndia’s central bank has asked Visa and Mastercard to stop card-based commercial payments made by corporations. This and more in today’s ET...
- NCLAT stays NCLT order in Dream 11 case, directs IRP not to take any step till Feb 23The National Company Law Appellate Tribunal (NCLAT) has stayed the NCLT Mumbai bench's order to initiate a Corporate Insolvency Resolution ...
- Dream11's parent company challenges insolvency petition in NCLAT appealOn Tuesday, Sporta Technologies, the parent company of Dream11, lodged an appeal with the National Company Law Appellate Tribunal (NCLAT) i...
- NCLT admits insolvency resolution plea against Dream11 sports platform's owner Sporta TechnologiesThe tribunal appointed Madan Bajrang Lal Vaishnawa as the interim resolution professional to conduct the insolvency resolution process. Piy...
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