Sirpur Paper Mills (SPM) Private Limited is now facing a crisis again with the rift between management of the factory and lorry owners getting widened over prices for transporting raw material and paper.
The feud between Jagan and Sharmiala took a new turn in the form of the legal battle with a petition being filed last month in the Hyderabad Bench of National Company Law Tribunal
The next hearing has been listed for April 4. Sources close to the company said that the Wednesday timeline for closure of the rights issue will not be extended.
Last month, a trial court had rejected Singh's anticipatory bail application, citing insufficient grounds for granting relief in light of the overall facts and circumstances of the case and the gravity of the offense.
Last month, a trial court had rejected Singh's anticipatory bail application, citing insufficient grounds for granting relief in light of the overall facts and circumstances of the case and the gravity of the offense.
Go First airlines, which has been grounded since early May, has announced a further extension of flight cancellations till August 31, the airline announced on Monday
NCLT issued notices to the Committee of Creditors of Go First and insolvency regulator IBBI over a plea to refund Rs 597.54 crore to around 15.5 lakh passengers
Throwing their hands up, the Go First budget airline's owners filed voluntary insolvency resolution proceedings before the NCLT sending shockwaves through the entire airline industry