NCLT admits petition for winding up of Devas

Newsroom24x7 Network Bengaluru: Exercising powers conferred on the National Company Law Tribunal, especially under Section 273 and other extant provisions of Companies Act, 2013, under Chapter XX, Part 1, the Bengaluru Bench of NCLT comprising of Rajeswara Rao Vittanala, Member Judicial and Ashutosh Chandra, Member Technical on Wednesday 20 January admitted the Petition by Antrix… Read More NCLT admits petition for winding up of Devas

GoI orders winding up of Devas after a US Court had ordered payment of $1.2 billion compensation

Newsroom24x7 Network New Delhi: Three-months after the western District Court of Washington ordered for enforcement and payment of $1.2 billion compensation to Devas, the Central Government has authorised Rakesh Sasibhushan, Chairman- cum- Managing Director, Antrix Corporation Limited (a Government Company) to present a petition before the National Company Law Tribunal (NCLT) for winding up of… Read More GoI orders winding up of Devas after a US Court had ordered payment of $1.2 billion compensation

ISRO and the mysterious men: Top scientist who was poisoned breaks silence

Newsroom24x7 Network Tapan Misra, the distinguished scientist, who could have been the ISRO chief had it not been for the double extension granted to K. Sivan, has opened the pandora’s box by revealing how he was poisoned – not once but twice – by some mysterious men obviously wanting to eliminate him and thwart the… Read More ISRO and the mysterious men: Top scientist who was poisoned breaks silence