Tag: NCLT

BCCI did a settlement with Byju one us financial creditor told nclat that Byju Raveendran stole this money

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BCCI did a settlement with Byju one us financial creditor told nclat that Byju Raveendran stole this money

BCCI: Edtech company Byju’s, which is facing bankruptcy proceedings for not being able to pay BCCI, has been accused of stealing money. The US financial creditor has opposed the payment and said that Byju’s is using this money to pay BCCI. Earlier on Wednesday, BCCI told the National Company Law Appellate Tribunal (NCLAT) that it has reached a settlement with Byju’s in the case of Rs 158 crore. BCCI said that the money will be received in 3 installments BCCI, the body that controls Indian cricket, told the tribunal that…

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SpiceJet is in financial crisis: airline is not able to deposit pf its employees, says a report

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SpiceJet is in financial crisis: airline is not able to deposit pf its employees, says a report

SpiceJet Financial Crisis: SpiceJet, the leading company in the Indian aviation sectorSpiceJetThe financial crisis of EPFO ​​has deepened further. The company is not even able to pay the provident fund of its employees.EPFOAccording to the EPFO, SpiceJet last paid PF for its 11,581 employees in January 2022. Since then, it has been failing to pay PF for two and a half years in a row. Notices have been issued to the airline by the EPFO ​​regarding this matter. However, SpiceJet has not yet responded to these notices. SpiceJet shares have…

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Indian Startups Are Planning To Shift Their Base From Overseas To India They Will Preparing Their IPO

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Indian Startups Are Planning To Shift Their Base From Overseas To India They Will Preparing Their IPO

Indian Startup: The companies that have established their headquarters in foreign countries have now lost their attachment to those places. Now these companies have started preparations to bring their headquarters back to India. They no longer find it as beneficial to continue working from abroad. According to the information, Pine Labs, Udaan and Meesho are the big names who have become disillusioned with foreign countries. It will soon start its operations from India itself. Headquartered in Singapore and America Pine Labs and Udaan are headquartered in Singapore and ecommerce company…

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NCLT Okays Jio Moved To Speed ​​Up The Acquisition Of Reliance Infratel

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NCLT Okays Jio Moved To Speed ​​Up The Acquisition Of Reliance Infratel

Mukesh Ambani Acquisition Reliance Infratel: The days of Indian businessman Anil Ambani are not going well. Due to which his Reliance Infratel (RITL) company has come on the verge of being sold today. But this company of his is going to be bought by Reliance Jio, the company of his brother Mukesh Ambani, the country’s big industrialist. For this, the National Company Law Tribunal (NCLT) has approved Reliance Jio on Monday for the acquisition of Reliance Infratel. The NCLT has asked Jio to deposit Rs 3,720 crore in an escrow…

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