The national company law appellate tribunal, while staying an order passed by the Mumbai bench of the national company law tribunal (NCLT) to initiate a corporate insolvency resolution process (CIRP) against Sporta Technologies Pvt Ltd, the parent of Dream11 fantasy sports platform, has directed the resolution professional (RP) not to take further steps in the resolution process.
Dream11 challenges Rs 25,000 crore GST notice in Bombay HC orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Sporta Technologies Pvt Ltd, which operates the online gaming portal Dream11, has filed a petition in the Bombay high court challenging a pre-show cause notice issued to it by the directorate general of GST intelligence (DGGI) alleging evasion of Goods and Services Tax (GST) amounting to the tune of a staggering ₹25,000 cr.
Dream11 breaks even at operating level, posts Rs 181 crore profit in FY20 techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.