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In Absence Of A Charge Being Registered For Corporate Guarantee, The Appellant Could Not Be Treated As A Secured Financial Creditor; NCLT Ahemadabad

The National Company Law Tribunal (NCLT), Ahemadabad bench comprising Mr. Kaushalendra Kumar Singh (Technical) and Dr. Madan B. Gosavi (Judicial) dealt with the interpretation of a ‘secured’. ....

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Mahindra IDEAL Finance celebrates 11 years

One of Sri Lanka’s leading licensed finance companies, Mahindra IDEAL Finance recently marked its 11th Anniversary. The event was celebrated with special festivities and programmes, at the Company’s Head Office – which was also its first location – and across its network. Since its founding, Mahindra IDEAL Finance has grown to include an Islandwide network […] ....

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Asia Asset Finance expands network to 70 locations islandwide in 2022

Sri Lanka’s only gold-focused financial solutions provider, Asia Asset Finance PLC, has expanded its Island wide reach to 70 locations across the country, adding 15 new locations during 2022. The network expansion drive comes as Asia Asset Finance PLC seeks to bring accessible and innovative financial services within reach of all Sri Lankans. With a history spanning […] ....

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IREDA sign historic loan agreement with SJVN Green Energy Ltd - New Delhi Times - India Only International Newspaper

Indian Renewable Energy Development Agency Ltd. (IREDA) signed a historic loan agreement for Rs. 4,444.71 crore with SJVN Green Energy Ltd. (SGEL, a subsidiary of SJVN Ltd.) for a 1,000 MW Solar power project at Bikaner, Rajasthan. The IREDA funded project will connect to 400/220 KV substation Bikaner-II (near Bikaner). SJVN has bagged the project… ....

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Daraz enables LANKAQR payments for Lanka Premier League 2022 tickets

A testimony to its commitment to further increasing its digital payment footprint in Sri Lanka, Daraz, the leading online marketplace in Sri Lanka, recently became the country’s first e-Commerce platform to enable LANKAQR-based transactions in Sri Lanka. LANKAQR is an initiative by the Central Bank of Sri Lanka that enables consumers to make payments to […] ....

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