No, not bankruptcy! Oyo insolvency admitted by NCLT for Rs 16 lakh dispute
Oyo Founder and CEO Ritesh Agarwal has dismissed rumours that Oyo has filed for bankruptcy
Manu Kaushik | April 7, 2021 | Updated 13:46 IST
Oyo Founder and CEO Ritesh Agarwal
A fresh case of insolvency has been filed against the subsidiary of Oyo over a dispute of Rs 16 lakh. The National Company Law Tribunal (NCLT) has admitted the case and ordered the commencement of corporate insolvency proceedings on March 31, 2021. The NCLT has ordered the creditors of Oyo Hotels and Homes Private Limited (OHHPL), Oyo s subsidiary, to submit their claims by April 15 to the interim resolution professional (IRP) based in Ahmedabad.
the Central Government on Friday received an incident report from West Bengal governor Jagdeep Dhankhar about what exactly took place in Diamond Harbour yesterday where the convoy was attacked
Addressing a press meet on the eve of 'Five years of Paris Agreement', Prakash Javadekar said India is "walking the talk" on climate change as it has already achieved 21 per cent of its target of reducing emissions intensity of GDP by 33-35 per cent by 20
Mallya seeks access to funds held by UK court from sales of French asset
Deputy Insolvency and Companies Court Judge Robert Schaffer declined to allow a draw down from the court-held funds of an estimated amount of around 1.5 million pounds, accrued from the sale of Mallya s French luxury property Le Grand Jardin
PTI | December 11, 2020 | Updated 22:30 IST
Vijay Mallya
Liquor tycoon Vijay Mallya on Friday made an urgent application before the UK High Court seeking access to millions of pounds to cover his living expenses and legal fees from funds held with the Court Funds Office as part of bankruptcy proceedings, initiated by a consortium of Indian banks led by the State Bank of India.
Gandhi shared a Business Today graph on Twitter which depicted the average farming household income of different states of India. Punjab has the highest average farming household income in the country at Rs 2,16,708 per year