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New Delhi: The Supreme Court on Thursday set aside the bail granted to businessman Satinder Singh Bhasin in connection with an alleged multi-crore rupee Grand Venice Mall scam in Greater Noida and directed him to surrender before the jail authorities within a week. The order was passed by a bench comprising Justices Sanjay Karol and NK Singh. The bench cancelled Bhasin's bail because he failed to settle the claims of the flat allottees, and also for siphoning off Rs 50 crore from the funds of B ...Read More >
The Supreme Court on Thursday set aside the bail granted to businessman Satinder Singh Bhasin in connection with a multi-crore rupee alleged Grand Venice Mall scam in Greater Noida. A bench comprising Justices Sanjay Karol and N K Singh directed Bhasin to surrender before the jail authorities within a week. "The petitioner has not complied with the conditions of bail imposed upon him vide order dated November 6, 2019. Resultantly, the bail granted to the petitioner is cancelled. The petitioner ...Read More >
New Delhi: The Supreme Court on Thursday set aside the bail granted to businessman Satinder Singh Bhasin in connection with a multi-crore rupee alleged Grand Venice Mall scam in Greater Noida and directed him to surrender before the jail authorities within a week. A bench comprising Justices Sanjay Karol and N K Singh cancelled Bhasin's bail as he failed to settle the claims of the flat allottees, and also for siphoning off Rs 50 crore from the funds of Bhasin Infotech and Infrastructure Privat ...Read More >
New Delhi, Mar 31 (PTI) Insolvency and Bankruptcy Board of India (IBBI) has suspended the registration of an insolvency professional for two years for multiple lapses in handling proceedings of Supertech Ltd and Nobility Estates. In its order passed on March 30, the IBBI's disciplinary committee (DC) found that Hitesh Goel failed to perform his duties provided under the Insolvency and Bankruptcy Code (IBC) and related norms during the corporate insolvency resolution process of the two companies ...Read More >
Jammu, Dec 16 (PTI) A wreath-laying ceremony was held in Jammu and Kashmir's Udhampur on Tuesday to pay tributes to a Special Operations Group (SoG) cop who died fighting terrorists in an operation in a remote forest area of the district. The operation is still underway as security forces continue to look for terrorists in the area, a police officer said. Director General of Police Nalin Prabhat led the solemn ceremony held at the District Police Lines in Udhampur, to honour Constable Amjad Al ...Read More >
The National Company Law Tribunal has admitted an insolvency case against Blu-Smart Mobility Tech. This follows a plea from Lepton Software Export and Research over unpaid dues. The tribunal has appointed an interim resolution professional and suspended the company's board. Blu-Smart Mobility is now under moratorium protection. The company's operations and subsidiaries are intertwined. The National Company Law Tribunal (NCLT) has admitted an insolvency case against Blu-Smart Mobility Tech, the ...Read More >
Noida: Following the issues faced by Amrapali, Jaypee Infratech, and Unitech, Supertech Limited's stalled projects have now been handed over to the National Building Construction Corporation (NBCC). On Thursday, the National Company Law Appellate Tribunal (NCLAT) issued an important ruling that assigns NBCC the responsibility of completing 16 unfinished projects from Supertech. The builder's rights for these projects have been terminated. According to reports, NCLAT approved the revised proposa ...Read More >
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