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Future Lifestyle resolution hits a bump over forensic auditor's role

The sale of Future Lifestyle Fashions (FLFL) under the corporate insolvency process has run into a roadblock due to a conflict of interest between promoter Kishore Biyani and the forensic auditor appointed by lenders, people aware of the development said. Dilip Dixit had undertaken an assignment for one of the Biyani-promoted company before FLFL was admitted for corporate insolvency. Dixit is also partner of GD Apte & Co, the firm which the lenders appointed as forensic auditor of FLFL in July 2022. ....

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This bank announces a 100% waiver of processing charges for home, and auto loans for these customers

Union Bank of India offers 100% waiver of processing charges on loans for customers with credit scores of 700 and above ....

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Union Bank of India begins probe into RCom loan, seeks firm's response

The company is undergoing an insolvency resolution process after it failed to clear vendor dues and other debt. ....

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Karvy Stock Broking Pledged Client Securities, Diverted Funds To Group Companies; SEBI Cancels KSBL's Registration

Market regulator, the Securities and Exchange Board of India (SEBI) has cancelled the Certificate of Registration of Karvy Stock Broking (KSBL). ....

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Karvy Stock Broking pledged securities of clients, diverted funds to group companies

Market regulator, the Securities and Exchange Board of India (SEBI) has cancelled the Certificate of Registration of Karvy Stock Broking (KSBL).SEBI had received a preliminary report dated November 22, 2019, from NSE, containing its . ....

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