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NCLAT issues stay order on insolvency proceedings against HCL Tech

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NCLAT issues stay order on insolvency proceedings against HCL Tech

The National Company Law Appeal Tribunal (NCLAT) has suspended insolvency proceedings against India’s third-largest IT services provider HCL Technologies. The National Company Law Tribunal (NCLT) has commenced insolvency proceedings against the company on January 17, 2022.

Suspension order has been received after C Vijayakumar, MD & CEO filed application with NCLAT. A senior spokesman said only that a stay order for bankruptcy proceedings had been obtained. A copy of the NCLAT order has been seen by Business Standard.

“The company has appealed to the Hon’ble National Company Law Appellate Tribunal (NCLAT), which upheld the aforementioned NCLT order,” a spokesman for HCL Tech said.

Complete News Source : Business Standard

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According to Kangana Ranaut, she and Shah Rukh Khan represent the final generation of stars. “Stars nahin ban rahe hain OTT pe”

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According to Kangana Ranaut, she and Shah Rukh Khan represent the final generation of stars. “Stars nahin ban rahe hain OTT pe”

Kangana Ranaut has denied speculations about joining politics solely due to the box office failure of her films.

Kangana Ranaut, the BJP’s Lok Sabha candidate from Mandi for the 2024 elections, expressed gratitude towards Prime Minister Narendra Modi for her political entrance. In an interview with Times Now, she questioned whether she joined politics due to her movies’ poor box office performance, comparing it to Shah Rukh Khan’s previous unsuccessful films.

Reacting to her films’ box office failure, Kangana Ranaut

Kangana responded to a question about her career, stating that she has never had a flop. She compared Shah Rukh Khan’s films to Pathaan, Queen, and Manikarnika, noting that if she had a flop in Emergency, it would be a big hit. Kangana compared her career to Shah Rukh Khan, who had consecutive flops for ten years. She also mentioned that she had not had a single hit for 7-8 years before Queen, but after that, she had a few good movies.

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No stars from OTT?

The last generation of stars, known for their talent and demand, are now able to showcase their talents more through OTT. However, the author expresses a desire to involve themselves more with the real world, rather than being consumed by the arts, stating that they are not satisfied with the current status quo.

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