Written by Sunny Verma | New Delhi | Published:August 7, 2017 1:51 am he gross NPA of banks has risen to 9.6 per cent (of total advances) in March 2017, from 9.2 per cent in September 2016, as per the RBI data. Despite a series of steps to contain non-performing assets (NPAs), public sector banks…
Fallen Australian lipstick queen Poppy King’s rise from the ashes. Supplied by Channel 9/60 Minutes New York, new life: Lipstick queen Poppy King strolls in New York with Liz Hayes. Picture: Channel 9 AS her cosmetics empire and reputation crumbled around her, it wasnt one of her cult-followed matt lip colours Poppy King used to…
The recent order of the National Company Law Tribunal, Mumbai Bench, dated 31.07.2017 in TCP No.409/(MAH)/2017 in the matter titled as Magicrete Buildings Solutions Pvt Ltd vs Pratibha Industries Ltd, will lead banks and financial institutions into an extreme legal necessity which is almost impossible to perform. As per Section 9 of the Insolvency and…
After admitting the first resolution plan, the Hyderabad Bench of the NCLT has, in the same week, orally pronounced the first liquidation order under the Insolvency and Bankruptcy Code, 2016. VNR Infrastructures Ltd., the corporate debtor, had filed for initiation of insolvency resolution process in December 2016, under section 10 of the Code, after its…
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