"The resolution plan so approved shall be binding on the corporate debtor (AMW Autocomponent) and its employees, members, creditors, guarantors and other stakeholders involved in the resolution plan," an NCLT division bench of judicial member Chitra Hankare and technical member VG Venkata Chalapathy said in its October 12 order.
Vijayawada: Andhra Pradesh Government Employees Association (APGEA) president KR Suryanarayana was suspended from service by the State government on Tuesday. Issuing a suspension order, the AP Commercial Tax Chief Commissioner Girija Shankar said that Suryanarayana will be placed under suspension till the time disciplinary action is taken on him. The government said as
Risky financial institutions will have to pay much higher premium for the cover while the strong ones will be rewarded for their prudence and pay a lower premium.