Articles for tag: Director, Estate, Grants, Halted, insolvency, Looming, NCLAT, Project, Propose, Real, Settlement, Supertechs, Suspended, Threatens, Weeks

September 27, 2024

NCLAT grants Supertech’s suspended director two weeks to propose a settlement, while looming insolvency threatens the halted real estate project.

The National Company Law Appellate Tribunal (NCLAT) has given Ram Kishore Arora, suspended director of Supertech Township Projects, an additional two weeks to share a settlement proposal with lenders and homebuyers. This decision comes as Arora aims to resolve ongoing insolvency proceedings connected to the company’s real estate project, which has faced delays. NCLAT suggested ...

September 14, 2024

Market News

Business

Delhi CM Arvind Kejriwal visits Hanuman Temple for blessings after Supreme Court grants bail amidst ongoing legal troubles.

Delhi Chief Minister Arvind Kejriwal announced he will visit the Hanuman Temple in Connaught Place today at noon to express gratitude and seek blessings. His visit follows the Supreme Court granting him bail in the Delhi excise policy case, with certain conditions. These include a surety bond of Rs 10 lakh, a prohibition on entering ...

September 13, 2024

Market News

Politics

Supreme Court Grants Kejriwal Bail: A Political Puppet Show or Justice Served?

Delhi Chief Minister Arvind Kejriwal has been granted regular bail by the Supreme Court in connection with a Central Bureau of Investigation (CBI) case related to a scrapped excise policy. The court acknowledged that while there were differing opinions on the legality of his arrest, both judges agreed that holding him in custody violated his ...

September 11, 2024

Market News

Business

The UK government grants £500 million to Tata Steel for decarbonization, securing jobs and a green future for Port Talbot.

The UK government has approved a significant 500 million pound grant to Tata Steel to support the decarbonisation of its operations in Britain. This funding will help install a modern electric arc furnace at Tata’s Port Talbot steelworks in Wales, part of a larger 1.25 billion pound green steel project. The agreement aims to preserve ...