India's bankruptcy laws' biggest failing is institutional infirmity. The recovery rate for creditors has been just 24% and extricating capital from dead firms has become an issue.
Suvendu Adhikari, had also denied the meeting, saying that he had recently gone to Mehta's residence regarding a case related to "post-poll violence" but "could not meet him in person".
In the letter, TMC MPs stated that the meeting between Adhikari and the solicitor general 'reeks of impropriety' as the BJP MLA is accused in the Narada and Saradha cases.
The Trinamool Congress supremo, in her petition, has accused Adhikari of committing corrupt practices and that discrepancies were committed during the counting process.
Adhikari's meeting with the BJP top brass comes days after his presence during a Modi-Banerjee meet to review the damage caused by Cyclone Yaas had irked the TMC leader.
Mamata Banerjee left her Bhowanipore seat to contest against aide-turned-rival Suvendu Adhikari from Nandigram, but lost. She has to become an MLA within 6 months to retain CM post.
Citing a SMS purportedly sent by the poll officer, Mamata Banerjee says she will move court over the election result in Nandigram where she lost to BJP’s Suvendu Adhikari.
Mamata Banerjee lost to BJP's Suvendu Adhikari by 1,956 votes. She said she would go to the court as the ‘people have witnessed the horror of the ECI’ in Bengal.
Fauja Singh, 114, died after being hit by a speeding car. His death renews questions about India’s deadly roads, rising accidents, and poor traffic discipline.
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.
India-Russia JV is also racing to deliver 7,000 more AK-203 assault rifles by 15 Aug. These are currently being made with 50% indigenisation and this will surge to 100% by 31 December.
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.
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