ARCs are now required to frame Board-approved policies governing the settlement of dues. These policies must cover crucial aspects such as the eligibility cut-off dates for one-time settlements, permissible sacrifices for various exposure categories, and methodologies to determine the realiz
Mumbai (Maharashtra) [India], January 16: In a landmark ruling, the National Company Law Tribunal (NCLT), Mumbai has approved the resolution plan for RITE BUILTEC PRIVATE LIMITED, having an SRA (Slum Rehabilitation Authority) project located in Devipada, Borivali (Mumbai). This marks the 4th
New Delhi [India], January 2: In a significant move towards resolving pending issues for homebuyers, Skytech Group, under the leadership of Mayank Chawla, has cleared 25% of its outstanding dues amounting to Rs. 6.05 crore of the Noida Authority. This payment has been made under the special
Retired employees of Karachi's Federal Urdu University allege that their pensions have been withheld for months while university funds, amounting to over PKR 500 million, were misused. The retirees are calling for an investigation into the alleged misuse of funds, demanding that the surplus
In a relief to the water and sewer consumers of the state, the Uttarakhand government has extended the period of complete surcharge waiver on lump sum payment of remaining water and sewer dues to 31 March next year.
The Federal Tax Authority (FTA) has called on businesses subject to Corporate Tax to file their returns and pay their dues for their respective tax periods within the stipulated legal timeframes.
Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Tuesday said that the case concerning arbitration battle with a hydro electric company was a legal issue and and the state government will fight it in the court.
Meanwhile, the Himachal Pradesh High Court on Monday passed an order of attachment of Himachal Bhavan located in Delhi's Mandi House. This was passed after the state government failed to pay the due amount of Rs 64 crores to the Seli Hydroelectric Power Co. Ltd.
The IMF has raised concerns over Pakistan's declining electricity demand due to rising solar panel installations and surplus imported gas caused by weak economic demand. During talks on Pakistan's USD 7 billion bailout, the IMF highlighted the need for better strategies to manage these chall
Congress General Secretary (Communications) Jairam Ramesh questioned the uncleared dues as claimed by Jharkhand Chief Minister Hemant Soren towards the state by the central government and asked if the state was being administered step-motherly treatment for voting for the Congress-JMM allian