Supreme Court verdict is unfortunate, given how few applicants come forward in insolvency cases of this scale—and part of the legislative intention behind the IBC was to rescue businesses.
The probe agency has attached the firm's land, building, plant and machinery located in Odisha under the provision of the Prevention of Money Laundering Act (PMLA).
Tata Steel Ltd takes over insolvent Bhushan Steel Limited at a price of 352 billion rupees. This amount is equivalent to 63 percent of the 560 billion rupees claimed by Bhushan Steel's creditors.
Mini deal will likely see no cut in 10% baseline tariff on Indian exports announced by Trump on 2 April, it is learnt, but additional 26% tariffs are set to be reduced.
PTC Industries is investing Rs 1,000 cr in 4 manufacturing plants in UP, has already started supplying titanium parts to BAE Systems for its M-777 howitzers that India also uses.
Public, loud, upfront, filled with impropriety and high praise sometimes laced with insults. This is what we call Trumplomacy. But the larger objective is the same: American supremacy.
SC stands for Sleeping Court. It sleeps on cases for years.
Only crooked lawyers like Kapil Sibal and Abhishek Manu Singhvi can manage to get early hearings.
The Supreme Court operates like a mafia family. Only those part of “the family” are entitled to get their business done.
SC stands for Sleeping Court. It sleeps on cases for years.
Only crooked lawyers like Kapil Sibal and Abhishek Manu Singhvi can manage to get early hearings.
The Supreme Court operates like a mafia family. Only those part of “the family” are entitled to get their business done.
Should have hired Kapil Sibal as a lawyer! Only he gets early hearings on any hearing no matter how frivolous the matter!