Cafe Coffee Day: The National Company Law Appellate Tribunal has stayed the admission of Coffee Day Enterprises following a challenge by the promoter, Malavika Hedge, who argued that the default occurred during a calm period amid the global pandemic in March 2020, when lenders were barred from approaching the National Company Law Tribunal.
The National Company Law Appellate Tribunal has stayed the admission of Coffee Day GLobal following a challenge by the promoter, Malavika Hedge, who argued that the default occurred during a calm period amid the global pandemic in March 2020, when lenders were barred from approaching the National Company Law Tribunal.
Today, Cafe Coffee Day stands as a testament to the indomitable spirit of a woman who refused to let tragedy define her, emerging as a true inspiration in the world of entrepreneurship.
Market regulator Securities and Exchange Board of India (SEBI) has imposed a fine of Rs1 crore on Mysore Amalgamated Coffee Estates Ltd (MACEL) for indulging in a diversion of funds worth Rs3,535 crore.