Governor Maura Healey lauded the new Chancellor’s leadership in her keynote address at the inauguration ceremony held at the Mullins Center, noting that “you are the leader for this moment.”
The Supreme Court has asked a response from Essel group firms, Cyquator Media Services Pvt Ltd and Direct Media Distribution Ventures, on the appeal against a National Company Law Appellate Tribunal s (NCLAT) September order that rejected its insolvency plea against the firms. The NCLAT dismissed an insolvency petition against Direct Media Ventures and two days later, the insolvency petition against Cyquator Media, a promoter group company of Zee Entertainment Enterprises.
The NCLAT set aside an order passed by a former Acting President of the NCLT on finding that it was issued without jurisdiction and in violation of his own administrative orders during the COVID-19 lockdown.