NEW DELHI:
Reliance Infratel's total debt exceeds ₹41,055 crore.
In 2022, the National Company Law Appellate Tribunal (NCLAT) rejected the creditors' claims, following a plea by financial creditor Doha Bank, which had objected to the recognition of these indirect creditors—Exim Bank of China, Assets Care and Reconstruction Enterprise (ACRE), Shubh Holdings, and China Development Bank.
A bench comprising Justice Abhay S. Oka and Justice Augustine George Masih set aside the NCLAT order and restored the National Company Law Tribunal's (NCLT) 2020 order, which had allowed these claims.
This story is from the December 21, 2024 edition of Hindustan Times Lucknow.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the December 21, 2024 edition of Hindustan Times Lucknow.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
Vedang Raina: It has been a crazy year in the best way possible
While excited to step into 2025, actor Vedang Raina looks back fondly at 2024, calling it \"a crazy year in the best way possible\".
Slowly seeing a hierarchy on OTT as well: Kritika Kamra
Actor Kritika Kamra has had a busy year with the second season of Gyaarah Gyaarah and shooting for the web series Matka King opposite actor Vijay Varma.
Koneru Humpy: From retirement plan to a second world rapid crown
WHEN SHE ARRIVED IN MOSCOW FOR THE 2019 WORLD RAPID AND BLITZ CHAMPIONSHIP, THERE WAS LITTLE TO SUGGEST THAT SHE COULD BE A TITLE CONTENDER.
India fail to cash in on Bumrah's brilliance
As we head into a rare fifth day of a Test match, the promise of what is to come is enticing.
I want to prove my critics wrong: Reddy
A day after he became the toast of a nation, Nitish Reddy showed just why he is here to stay.
When accuracy, relentlessness script symphony
Each time Jasprit Bumrah bowls, he forces everyone watching to examine the preconceptions of the prototypical fast bowler.
GDP to grow at 6.5-6.8% in FY25 on domestic consumption: Deloitte
Indian economy is likely to grow at 6.5-6.8% this fiscal and slightly higher between 6.7-7.3% in FY2026, boosted by domestic consumption, Deloitte said on Sunday.
Foodgrain output to hit new peak in 2025 as farm sector eyes 4% growth
India is poised to achieve new heights in foodgrain production in 2025, driven by favourable monsoon, though significant challenges persist in pulses and oilseeds production as the country's agricultural sector shows signs of robust recovery.
Insurers May Sell Related Services, Products
Auto repair from your car insurer and fire extinguishers courtesy your home insurer? Not outlandish ideas, but part of the government's plans to allow insurance companies to sell related products and services.
PSB HEADCOUNT SLIPS TO 13-YR LOW
The number of employees at India's public sector banks (PSBs) is at its lowest in 13 years, showed latest data released by the Reserve Bank of India (RBI), with mergers leading to slower branch expansion and many finding greener pastures elsewhere.
