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ESCROW AGREEMENTS
US government stake in Intel has jumped 300% to $36 billionThat’s the equivalent of an almost $27 billion return on paper since Intel and the government announced the investment in August. Chief Exe...- MTNL fails to deposit interest on sovereign guarantee bonds in escrow accountAs per the structured payment mechanism of Tri-Partite Agreement (TPA) signed among MTNL, the Department of Telecommunications (DoT), Beaco...
- Escrow deadlock stalls Reliance Capital deal, IIHL seeks NCLT guidanceIIHL's acquisition of Reliance Capital faces delays as deadlock over escrow agreements stalls the final Rs 4,300-crore funding. The stalema...
- Coal Pulz signs escrow agreement for Namchik Nampuk Coal Mine in Arunachal PradeshAn escrow agreement has been signed for the Namchik Nampuk Coal Mine in Delhi, marking the first step towards opening the largest coal mine...
- NCLT admits Future Group affiliate Acute Retail Infra under the insolvency resolution processThe Mumbai bench of National Company Law Tribunal has admitted Future Group's Acute Retail Infra Pvt Ltd for Corporate Insolvency Resolutio...
- 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...
- Square Yards partners with banks to provide digital escrow service for real estate transactions“Real estate transactions, especially in the secondary market are still executed through unregulated structures that are characterized by a...
- Escrow service provider Castler launches white label solution to ensure safe transactions"As we fervently work towards making digital escrows a household name in India, more and more people are realizing that the risks they take...
- WhatsApp messages have no evidential value: Supreme Court“What is evidential value of WhatsApp messages these days? Anything can be created and deleted on social media these days. We don’t attach ...
- JSW Steel offers to pay Rs 19,350 crore to BPSL lenders by March-endIn a letter addressed to the committee of creditors (CoC) on Friday, JSW said it is ready to transfer the Rs 19,350 crore before the end of...
- RBI mulls ECB rules for escrow accountsRBI says put option makes an investment debt so stricter ECB rules should apply.
- Telecom gear cos to get relief from escrow clauseThe government may soon delete the controversial regulation that requires global telecom gear makers to deposit their software codes in the...
- Satyam settles up 2 pc on favourable judgement from NY courtMahindra Satyam shares settled up over 2% on BSE, after it received judgement on its lawsuit against Upaid Systems.
- Satyam wins lawsuit against UK's Upaid SystemsMahindra Satyam said New York court has ruled that British co is responsible for all the tax liability.
- HSBC gets Rs 1,000 for safekeeping Mahindras' Satyam paymentHSBC entrusted with safekeeping Tech Mahindra's payment for buying scam-hit Satyam will be paid just Rs 1,000 as its fee.
- N-E excise escrow a/cs under lensThe government has initiated an investigation into improper use of excise duty deposits kept aside in escrow accounts by companies in the e...
- Jet, Sahara hearing resumes before Bombay HCThe Bombay High Court on Thursday began hearing arguments on whether it has the jurisdiction to adjudicate on a dispute between Jet Airways...
- Jet files civil suit against Subroto RoyJet moves Bombay HC against Sahara chief for recovery of Rs 500 crore advance money.
- Sahara to court: Deal called off by JetIn a new twist to their battle, Air Sahara informed a Lucknow court that Jet has terminated the deal.
- Jet moves court on Sahara dealJet Airways filed an arbitration in Bombay HC, saying conditions agreed upon for the takeover of Air Sahara have not been fulfilled.
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