ABG Shipyard Case | National The Enforcement Directorate has initiated money laundering probe against the accused persons in connection with the ₹22,842–crore bank fraud case involving Gujarat-based ABG Shipyard Limited and others. The Central Bureau of Investigation had earlier registered a case on the basis of a complaint lodged by the State Bank of India (SBI),…Continue Reading
The pilots have been grounded pending the inquiry Photo used for representation. | Photo Credit: Vijay Soneji The pilots have been grounded pending the inquiry The Directorate General of Civil Aviation (DGCA) is probing an incident wherein a Delhi-bound SpiceJet flight took off from Rajkot in Gujarat without the requisite permission from the Air…Continue Reading
The National Company Law Appellate Tribunal (NCLAT) has initiated insolvency proceedings against NCR-based real estate firm MGF Developments Limited, on a petition filed by a group of homebuyers. The NCLT has also appointed a Interim Resolution Professional. “Since, the financial creditor satisfies all the requirement of section 7 of IBC, 2016. We are therefore, satisfied…Continue Reading
For Quick Alerts Subscribe Now For Quick Alerts ALLOW NOTIFICATIONS | Published: Saturday, November 13, 2021, 17:21 [IST] Mumbai, Nov 13: The process to suspend former Mumbai police commissioner Param Bir Singh and another police officer accused in extortion cases have been started by the Maharashtra government, an official said on Saturday. Following…Continue Reading