SEBI orders attachment of Videocon Realty’s bank accounts for ₹34.26 lakh recovery, ET LegalWorld
The Security and Exchange Board Notice for attachment of bank accounts, Demat, and Mutual Fun folio(s) related to Videocon Realty and Infrastructure Ltd. The security market regulator has ordered attached under Section 28A(1)(b) which empowers the recovery officer to attach the bank accounts of defaulters. The Recovery Officer has drawn recovery proceedings on September 30, […]
SC rejects Venugopal Dhoot’s appeal to halt foreign asset dealings in Videocon insolvency case, ET LegalWorld
The Supreme Court on Tuesday rejected Videocon Industries former chairman Venugopal Dhoot’s appeal seeking to restrain the lenders from dealing with foreign oil and gas assets in the insolvency proceedings of the debt-laden Videocon Oil Ventures Ltd (VoVL) and its group companies. A Bench led by Justice PS Narsimha refused to direct the National Company […]