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CHENNAI: Madras high court has restrained TVK MLA Srinivasa Sethupathi, who won from Tirupattur constituency by one vote, from participating in the floor test scheduled on Wednesday.“The floor test is not an ordinary legislative sitting. Participation in a floor test may determine the survival or fall of a govt. If the TVK MLA participates in…
MUMBAI: Tata Trusts is moving the charity commissioner to dismantle a century-old provision barring non-Zoroastrians from serving as trustees of the Bai Hirabai Jamsetji Tata Navsari Charitable Institution.The decision was taken at the board meeting held last Friday. Tata Trusts said the trustees decided to seek alteration of restrictive clauses governing trustee eligibility “to correct…
NEW DELHI: India on Sunday firmly rejected China’s renaming of places in Arunachal Pradesh, calling it a “mischievous attempt” and asserting that such “baseless narratives cannot alter the undeniable reality” on ground.“India categorically rejects any mischievous attempts by the Chinese side to assign fictitious names to places which form part of the territory of India,”…
NEW DELHI: The committee of creditors (CoC) cannot modify or alter a resolution plan for reallocation of funds of dissenting creditors, after it is approved, insolvency appellate tribunal NCLAT has said. Dismissing an appeal by Bank of Baroda in the Reliance Communications Infrastructure (RCIL) matter, NCLAT said the assenting members of the CoC cannot alter…
The insolvency appellate tribunal NCLAT has ruled that the Committee of Creditors (CoC) cannot modify an approved resolution plan to reallocate funds meant for dissenting financial creditors, reaffirming limits on the exercise of commercial wisdom after a plan has been cleared, PTI reported.Dismissing an appeal filed by Bank of Baroda in the insolvency proceedings of…
