Articles for Services Limited

Sole Financial Creditor Can't Entertain Request For One-Time Settlement Once CIRP Proceedings Have Commenced: Telangana High Court
2 weeks, 1 day ago

Sole Financial Creditor Can't Entertain Request For One-Time Settlement Once CIRP Proceedings Have Commenced: Telangana High Court

Live Law  

Telangana High Court has dismissed a Writ petition filed by Mandava Holdings Private Limited challenging the rejection of the one-time settlement proposal offer made to PTC India Financial Services Limited so as to stop CIRPC proceedings without considering the RBI framework for compromise settlement and technical write-offs. Relying on various Supreme Court judgements the bench further reiterated that the primary …

Financial Court Resolution Settlement Rejection Nclt Proceedings
IBC Weekly Round Up [23rd December-29th December 2024]
2 weeks, 1 day ago

IBC Weekly Round Up [23rd December-29th December 2024]

Live Law  

NOMINAL INDEX China Development Bank vs Doha Bank OPSC and others, 2024 LiveLaw 1029 Ram Kishor Arora, Suspended Director of Supertech Ltd. vs. Union Bank of India & Anr., Company Appeal No. 748 of 2023 Vidyadhar Sarfare & Anr Versus CS Anagha Anasingharaju & Ors., Company Appeal No.1733 of 2024 M/S ALLIED HI-TECH INDUSTRIES PRIVATE LIMITED VS. KARVY DATA MANAGEMENT …

Appeal Insolvency Title Application Technical Company 2024
Upcoming IPO: Payments solution provider Seshaasai Technologies files DRHP with SEBI to raise funds via public issue
2 weeks, 3 days ago

Upcoming IPO: Payments solution provider Seshaasai Technologies files DRHP with SEBI to raise funds via public issue

Live Mint  

Seshaasai Technologies Limited, a Mumbai-based payments solutions provider, filed its draft red herring prospectus with the markets regulator, the Securities and Exchange Board of India, on Friday, December 27. Seshaasai Technologies IPO details The company, through a book-built issue, aims to raise ₹600 crore from a fresh issuance of equity shares with a face value of ₹10 per share. About …

Company Crore Sebi Ipo Public Issue Seshaasai Technologies Services Limited
Revanth: Arbitration, Mediation Services Should Be Available Even to the Common People
1 month, 3 weeks ago

Revanth: Arbitration, Mediation Services Should Be Available Even to the Common People

Deccan Chronicle  

Hyderabad:Chief Minister A. Revanth Reddy said that mediation and arbitration services should not be limited to global investors and big industrialists but also be made available to the common man and small companies. “To reduce the burden of pending cases, alternative systems are needed for speedy and efficient resolution of cases,” he said, addressing the Commonwealth Mediation and Arbitration Conference …

Global Justice Hyderabad Arbitration Mediation Revanth
Edelweiss round-tripping money? RBI order against the financial giant scathing in how it’s using group entities to circumvent IBC regulations: A case study
6 months, 4 weeks ago

Edelweiss round-tripping money? RBI order against the financial giant scathing in how it’s using group entities to circumvent IBC regulations: A case study

Op India  

The Reserve Bank of India on the 29th of May 2024 ordered Edelweiss Asset Reconstruction Company Limited to cease and desist from the acquisition of financial assets, including security receipts, and reorganizing the existing SRs into senior and subordinate tranches. As we would now analyze, it would appear that Edelweiss and its group entities seem to have indulged in the …

India Money Regulations Financial Institutions Debt Order Group
IBC Weekly Round-Up: 30th December 2024-5th January 2025
8 months, 1 week ago

IBC Weekly Round-Up: 30th December 2024-5th January 2025

Live Law  

Nominal Index Adroit Pharmaceuticals Pvt. 1826 Employees Provident Fund Organization Regional Office Versus Jaykumar Pesumal Arlani and Anr., Company Appeal No.1062 and 1065 of 2024 Tata Capital Financial Services Limited vs. Arjun Agarwal, I.A. Vs. PTC India Financial Services Limited, WRIT PETITION No.20620 OF 2024 Supreme Court 'IBC A Complete Code' : Supreme Court Disapproves Of High Court Exercising Writ …

Insolvency Title Technical Judicial Nclt Member Versus
Krystal Integrated Services IPO allotment finalised. Check status here
9 months, 3 weeks ago

Krystal Integrated Services IPO allotment finalised. Check status here

Hindustan Times  

Krystal Integrated Services IPO: The allotment status for Krystal Integrated Services Limited's initial public offering closed on March 14. Krystal Integrated Services IPO subscription status: The IPO was oversubscribed 13.49 times: 3.41 times for retail investors, 7.32 times for Qualified Institutional Buyers and 45.22 times for Non-Institutional Investors. Krystal Integrated Services IPO listing date: The shares of the company are …

Services Bse Pan Ipo Allotment Integrated Krystal
Motilal Oswal's top official buys Mumbai apartment for over ₹36 crore
10 months ago

Motilal Oswal's top official buys Mumbai apartment for over ₹36 crore

Hindustan Times  

Managing director of Motilal Oswal Financial Services Limited, Ashish Sharad Gumashta, has bought a 3416 sq ft apartment in Bandra, Mumbai, for ₹36.19 crore, property registration documents accessed by IndexTap showed. Managing director of Motilal Oswal Financial Services Limited, Ashish Sharad Gumashta, has bought a 3416 sq ft apartment in Bandra, Mumbai, for ₹ 36.19 crore The property is located …

Mumbai Crore Apartment Bandra Motilal Oswal Financial Services Limited Indextap
Oil companies attending climate talks have minimal green energy transition plans, AP analysis finds
1 year, 2 months ago

Oil companies attending climate talks have minimal green energy transition plans, AP analysis finds

Associated Press  

In 2022, Brazilian oil and gas company Petrobras had 68 places staked out for oil exploration off the South American coast, searching for new reserves while spending $6.9 billion in oil development projects. And Abu Dhabi National Oil Co. opened 68 new gas stations in Saudi Arabia and the United Arab Emirates, noting in its 2022 annual report that there …

Climate Gas Companies Transition Company Green Energy Energy Transition
Updater Services Limited price opens at 5% discount at ₹285 on NSE
1 year, 3 months ago

Updater Services Limited price opens at 5% discount at ₹285 on NSE

Live Mint  

Updater Services IPO listing date: Updater Services Limited share price listed on the bourses at a discount on Wednesday. On the NSE, Updater Services Limited share price today was listed at ₹285 per share, 5% lower than the issue price of ₹300, and on the BSE, Updater Services Limited price was listed at ₹299.90 per share. Updater Services IPO price …

Services Price Share Shares Ipo Updater Updater Services
KYC And Aadhaar Related Service Provider ‘Karvy Data Management Services Ltd.’ Admitted Into Insolvency: NCLT Hyderabad
1 year, 3 months ago

KYC And Aadhaar Related Service Provider ‘Karvy Data Management Services Ltd.’ Admitted Into Insolvency: NCLT Hyderabad

Live Law  

The National Company Law Tribunal, Hyderabad Bench, comprising of Dr. Venkata Ramakrishna Badarinath Nandula and Shri Charan Singh, while adjudicating a petition filed in M/s Allied Hi-Tech Industries Private Ltd. v Karvy Data Management Services Limited, has initiated Corporate Insolvency Resolution Process against Karvy Data Management Services Limited. Background Facts Karvy Data Management Services Limited is a KYC Registration Agency …

Corporate Services Corporate Debtor Service Nclt Bench Shri
How are the train strikes affecting each operator?
1 year, 4 months ago

How are the train strikes affecting each operator?

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Saturday: One train per hour will run in each …

Services Train Routes Run Limited Carlisle Manchester
Seacoast Shipping Service Limited To Secure Rs. 49 Crore Via Share Rights Issue, Record Date Confirmed As July 13th, 2023
1 year, 6 months ago

Seacoast Shipping Service Limited To Secure Rs. 49 Crore Via Share Rights Issue, Record Date Confirmed As July 13th, 2023

ABP News  

New Delhi, July 10: Seacoast Shipping Services Limited is pleased to announce its decision to undertake a Right Issue of equity shares to raise capital and further strengthen its financial position. Furthermore, it should be noted that only those individuals who have applied for their share applications prior to the designated record date of July 13th, 2023, will become eligible …

Equity Shareholders Company Right Share Issue Shares
InCred Financial Services Limited public issue opens today; up to Rs 350 crore of NCDs on offer
2 years ago

InCred Financial Services Limited public issue opens today; up to Rs 350 crore of NCDs on offer

Firstpost  

At least 75 percent of the funds raised through the process will be used by InCred for repayment of interest and principal of existing debt of the company as well as financing and onward lending Non-banking financial company InCred Financial Services Limited will open its public issue of Secured, Redeemable Non-Convertible Debentures today, 9 January. The InCred Financial Services Limited …

Financial Issue Limited Ncds Services Public Incred Financial Services Limited Company Incred
Roadwork snaps cable at T2 leading to evening hour chaos
2 years, 1 month ago

Roadwork snaps cable at T2 leading to evening hour chaos

Hindustan Times  

MUMBAI: The numerous ongoing infra projects in the city and suburbs have wreaked havoc on the lives of Mumbaikars for over a decade now. Departures of several flights from Mumbai international airport were adversely affected – evidenced by pictures of long queues and proliferation of people at check-in desks circulated on social media at the time – when the optic …

Mumbai Airport Metro Mukherjee Systems Hour Mumbai International Airport
U.S. resumes limited visa processing in Cuba after 4 years
2 years, 8 months ago

U.S. resumes limited visa processing in Cuba after 4 years

LA Times  

People wait their turns outside the U.S. embassy the day after it reopened its consular services in Havana. The U.S. Embassy in Havana has resumed processing visas for Cubans, though on a limited basis, more than four years after stopping consular services on the island amid a hardening of relations. A State Department official on Wednesday told the Associated Press …

Trump Cuba Visa Havana Cubans
ED seizes Rs 51 cr more from firm having Chinese links, total Rs 238 cr recovered so far
3 years, 1 month ago

ED seizes Rs 51 cr more from firm having Chinese links, total Rs 238 cr recovered so far

India Today  

The Enforcement Directorate on Wednesday said it has seized an additional amount of Rs 51.23 crore lying in bank accounts and virtual accounts with payment gateways, belonging to PC Financial Services Private Limited under the provisions of the Foreign Exchange Management Act, officials said. The ED, during a money laundering investigation, initiated a probe under FEMA against PC Financial Services …

India Financial Services Indian Hong Kong Crore Foreign
ED seizes Rs 131 crore of Haryana-based firm indirectly owned by a Chinese national
3 years, 3 months ago

ED seizes Rs 131 crore of Haryana-based firm indirectly owned by a Chinese national

India Today  

The Enforcement Directorate has seized Rs 131.11 crore of a Haryana-based PC Financial Services Private Limited, a Non-banking Financial Company, under the Foreign Exchange Management Act, officials said. The ED, during a money laundering investigation, initiated a probe under FEMA against PC Financial Services Private Limited, an NBFC company, that provides instant personal micro loans through its mobile application ‘Cashbean’ …

India Financial Services Indian Companies Crore Chinese Foreign
Govt invites bids for Air India, two subsidiaries
4 years, 11 months ago

Govt invites bids for Air India, two subsidiaries

Live Mint  

The government on Monday invited preliminary bids to divest its entire stake in Air India, and the airline’s subsidiary Air India Express along with its joint venture Air India SATS Airport Services Private Limited. The government owns 100% stake in Air India, and its subsidiary Air India Express. AISATS is a joint venture partnership between Air India and Singapore Airport …

India Domestic Air
'If You Want Interim Order, Disclose Your Entire Assets On Oath': Karnataka HC Tells BJP MP Rajeev Chandrasekhar
5 years, 4 months ago

'If You Want Interim Order, Disclose Your Entire Assets On Oath': Karnataka HC Tells BJP MP Rajeev Chandrasekhar

Live Law  

The Karnataka High Court has directed Bharatiya Janata Party,Member of Parliament, Rajeev Chandrasekhar, to disclose on oath entire assets both movable and immovable, possessed by him. A division bench of Chief Justice Abhay Oka and Justice Mohammad Nawaz while issuing rule, on petition filed by Chandrashekhar challenging the order passed by the Debt Recovery Appellate. A division bench of Chief …

Karnataka Court Order Bjp Chandrashekhar Dra Drt
Curious case of Rahul Gandhi’s nationality: Congress’ ‘explanation’ opens a pandora’s box, raises more questions than answers
5 years, 8 months ago

Curious case of Rahul Gandhi’s nationality: Congress’ ‘explanation’ opens a pandora’s box, raises more questions than answers

Op India  

Rahul Gandhi’s nationality gets curiouser and curiouser. To begin with, while the MHA based the notice on the company BACKOPS Limited, it is curious that Congress should choose a document of another UK based company ‘Bristol Legal Services Limited’ where Rahul Gandhi was a director as a counter. We then looked up the company ‘Bristol Legal Services Limited’ on nexok.co.uk, …

London Legal Nationality Congress Indian British Companies