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sas2018 – Page 3 – Sharma and Sharma Legal

Author: sas2018

Why Ramsarup Industries admitted under IBC despite ICICI Bank objections

The Kolkata bench of the National Company Law Tribunal (NCLT) has admitted a petition filed by steelmaker Ramsarup Industries for initiating the corporate resolution process, even as India’s largest private-sector lender ICICI Bank had opposed the insolvency petition of the company. The Kolkata bench of the National Company Law Tribunal ... Read Mores

Kolkata school suspends classes, parents agitate

Hundreds of guardians of students of the G.D. Birla Centre for Education, a renowned private school in south Kolkata, where a kindergarten student was allegedly sexually abused by teachers recently, blocked a busy thoroughfare connecting the central with the southern part of the city on Sunday. The blockade, which continued for several ... Read Mores

NCLT asks Ramsarup creditors to file replies

The Kolkata bench of the National Company Law Tribunal (NCLT) on Thursday asked all secured creditors of Ramsarup Industries to file their replies within 15 days. The tribunal will hear the company’s insolvency application on October 6.  The bench gave creditors 15 days to file affidavits after Vijaya Bank’s counsel ... Read Mores

Plea for CBI probe

The high court took up for hearing on Friday a petition seeking a CBI probe filed by the father of a four-year-old girl who was allegedly sexually assaulted at the GD Birla Centre for Education. Moving the petition, advocate Priyanka Tibrewal pleaded with Justice Debangshu Basak for time to contest ... Read Mores