Gaurav Mohan, CEO of AMRG & Associates, noted that this would push the corporate governance to next level and would hold all directors directly responsible for non-compliance by a company in filing ACTIVE forms.
On May 17, the National Company Law Appellate Tribunal (NCLAT) directed JIL’s CoC to renegotiate with NBCC on the revised bid by May 30 and then start afresh the voting a day later, from May 31.
AIDPL is a wholly-owned subsidiary of Adani Properties, which, in turn, is held by the Adani family. It is engaged in real estate and is the holding firm for various real estate special purpose vehicles of the Adani group.
Sources said that commerce ministry earlier this week approached the MCA requesting it to explore options regarding bringing down the number of compliances companies have to follow to reduce their regulatory burden.
The committee of creditors (CoC) of Jaypee Infratech (JIL), which met on Thursday, directed NBCC to furnish clarifications in writing about exit clauses that the state-run company has made in its revised bid and also inquired
Manoj Gaur was also directed to disclose on affidavit his assets, movable and immovable, before the tribunal on or before next date of hearing, which is scheduled for May 29.
The MCA has placed two options on the table — representative voting among home-buyers by treating them as a sub-class among the financial creditors or by stipulating that the majority threshold could be met by just counting
Twitter, Instagram and Facebook already have profile verifications, where the user’s name is verified and is indicated by a blue tick. But only few users have used it.
It started on Tuesday (April 30) and will take place till Friday (May 3). Some homebuyers and members of CoC too have asked for again considering NBCC’s bid.
Promoter Manoj Gaur has proposed to deliver homes under Wish Town projects in Noida, Mirzapur and Agra (19,197 units) within 3 years of approval of his plan .
Sources said Gaur wrote two letters to homebuyers, first on April 13 and the second on April 17, where he assured them of his intentions of delivering their housing units in a time bound manner. The meeting is scheduled for F
In a letter to JIL's resolution professional (RP) Anuj Jain, Adani Infrastructure and Developers (AIDPL) said it is “interested” in participating in the new corporate insolvency resolution process (CIRP) and in implementi
Analysts were of the view that the memo would impact not just the government’s efforts towards enhancing ease of doing business, but also the drive for corporatisation of un-incorporated entities.
Suraksha has offered to pay the financial creditors an upfront payment of Rs 18.55 crore against Rs 10 crore proposed in the plan submitted in February.
At present, the Facebook-owned company is running a pilot for the service, WhatsApp Payments, with close to 1 million users. Google Pay leads the payment service providers market in India followed by Paytm, PhonePe, BHIM app
This will be followed by social marketing (26%), performance (24%), programmatic (10%) and influencer marketing (6%).
The report noted digital marketing spends would surpass the budget earmarked for print and radio.
Sources said considering the tremendous growth of IT platforms, including social media platforms and the increasing contraventions being reported, the residuary penalty is not considered adequate and needs to be revised.
The new framework introduced by TRAI for cable operators and broadcasters allows subscribers to choose their favourite channels as per their need and pay only for the selected channels.
The development relates to the first meeting of stakeholders, which took place earlier this month, after the department for promotion of industry and internal trade (DPIIT) came out with its draft e-commerce policy, governmen
Participants have built the technology to upload the Media Certification and Monitoring Committee (MCMC) certification. Participants have also committed to taking action on paid advertisements violating MCMC certification req
