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DREAM11 INSOLVENCY
Dream11 won’t fight RMG ban; Tata Digital’s next CEOCEO Harsh Jain said Dream11 will not challenge the ban on real money gaming that wiped 95% of its revenue. This and more in today’s ETtech ...
From Sahara to Dream11: Harsh Goenka calls India's cricket jersey as 'real brand survival test'Harsh Goenka's comment highlights the risks of sponsoring the Indian cricket team. Dream11 ended its jersey deal after a new gaming law. Ma...
Supertech homebuyers seek CJI, PM intervention to let NBCC complete projectsHomebuyers of 16 stalled Supertech projects have appealed to the Chief Justice of India and Prime Minister Modi, urging them to assign the ...
Taxmen defy 'clean slate' rule, hit insolvent firms with fresh demandsDespite the IBC's 'clean slate' provision and court rulings, tax authorities are levying fresh tax demands on companies emerging from insol...
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...
ETtech Explainer: Why Byju’s pushed for arbitration in BCCI disputeTroubled edtech firm Byju’s told the National Company Law Tribunal on Wednesday that it had referred its dispute with the Board of Control ...
A year after Jet Airways grounding, wishes to go back in time, hopes of revival dot the firmamentAs the grounding of the cash-starved Jet Airways nears one year, many dreams have been shattered but there is optimism of an insolvency res...
RCom to exit from SDR framework, to reduce debt by Rs 25,000 crore by March 2018: Anil AmbaniAmbani said that there will be no conversion of debt into equity as reported earlier and that RCom will complete the process between Jan to...
- Reliance mega bid has bankers wary
As Reliance sets out to make what could turn out to ber the biggest acquisition by an Indian firm, the mood among bankers who peddle deals ...
Reliance mega bid has bankers waryAs Reliance sets out to make what could turn out to ber the biggest acquisition by an Indian firm, the mood among bankers who peddle deals ...