NCLT to hear Ericsson India’s insolvency petition against RCom – Business Standard

Ericsson’s Indian subsidiary has filed insolvency petitions against Reliance Communications and two of its companies to recover unpaid dues, the Indian mobile operator said in a stock exchange filing in September. The Swedish telecoms equipment maker, which signed a seven-year deal in 2014 to operate and manage Reliance Communications’ nationwide network,…

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NCLT can’t declare any builder insolvent – Daily News & Analysis

After the bench of the National Company Law Tribunal (NCLT) declared Amrapali and Jaypee as insolvent companies, the plight of home buyers, who are struggling for possession, has worsened. This insolvency declaration, among other things, has made Greater Noida Authority powerless in terms of intervention (from the home buyers side). Now, Greater Noida Authority has…

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Akosua Puni’s FC Como declared bankrupt, set to be kicked out from Italian football – Ghanasoccernet.com

Mrs Essien Akosua Puni Akosua Puni Essien’s FC Como are set to be booted out from Italian football after being declared bankrupt by a Court in Como FC Como, a lower-tier side in Italia, which was purchased by Akousa Puni Essien, wife of former midfielder Milan and Chelsea, Micheal Essien through an auction for 237,000, have…

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