Your weekly insolvency and bankruptcy NEWS!!

View this email in your browser AAA Insolvency Professionals LLP (India's largest insolvency professionals entity) Key highlights on IBC, 2016 Jet Airways Insolvency Proceedings Jaypee Infratech row: Homebuyers seek government's intervention ICICI Bank moves NCLAT to seek an early hearing on JAL insolvency plea Introduction of Mr. Nitin Jain as a new partner of AAA Insolvency Professionals LLP Appointment of CA Parveen Bansal as RP of Lanco Thermal Power Ltd Dear    We have introduced a weekly newsletter that will cover Insolvency news in the country. Since this will be a forever evolving newsletter your feedback is important to us. You may reply on this thread with your inputs. Here is this week's Top Insolvency News!   Jet Airways Insolvency Proceeding   Shares of Jet Airways continued gaining streak for the third straight session on Monday, rallying over 10 percent in early deals on the Bombay Stock Exchange, after the NCLT admitted the cash-strapped airline for insolvency proceedings.    Jet Airways share, which hit a fresh 52-week low of Rs 27 in trade on Thursday, has rallied over 140 percent in the last three trading sessions amid heavy volume due to speculative trade.  Extending its previous session rally, the share price of Jet Airways gained as much as 10.42 percent to hit an intra-day high of Rs 80 against the previous close of Rs 72.45 on the BSE. Paring some of the early gains, the stock was currently trading at Rs 73.90 apiece, up 2 percent. Continue reading   Jaypee Infratech row: Homebuyers seek government's intervention In a letter addressed to PM Modi and FM Nirmala Sitharaman, homebuyers have appealed to the government to direct IDBI Bank and NBCC to resolve their differences on the resolution plan.  In a separate petition to the housing and urban affairs minister Hardeep Puri, the homebuyers urged him to ensure that IDBI is directed to vote in favor of the NBCC resolution plan in the interest of achieving a resolution for JIL.  continue reading   ICICI Bank moves NCLAT to seek an early hearing on JAL insolvency plea Private sector lender ICICI Bank Monday approached the National Company Law Appellate Tribunal (NCLAT), seeking a direction to NCLT Allahabad to hear urgently its insolvency petition against Jaiprakash Associates Ltd (JAL) and pass the order without any further delay.  The bank alleged that Jaypee group's flagship firm is delaying admission of the insolvency plea by approaching several judicial forums continue reading   Introduction of Mr. Nitin Jain as a new partner of AAA Insolvency Professionals LLP       PGDBA (NMIMS), MBA (USA)   Designated Partner – New Delhi   Insolvency Professional   Regn. No.  IBBI/IPA-001/IP/P-01562/2019 -2020/12462   Total number of years of experience:  21 Years Started his career at ANZ Grindlays Bank, Mumbai in 1997 and then joined Standard Chartered Bank in the corporate banking division.  Post that, worked in ICRA Limited and Bank of America in the equity and credit risk functions. He was also part of the founding team of an investment banking firm with a focus on M&A and Equity and Structured Debt Fund Raising. The firm successfully completed deal closures of over $600 mn. Strong experience in credit risk management at Banks, mergers & acquisitions, fundraising, and managing the entire investment banking/ resolution process cycle. Continue reading   Appointment of CA Parveen Bansal as RP of Lanco Thermal Power Ltd.   AAA Insolvency Professionals LLP (AAAIP) is pleased to announce that the appointment of CA Parveen Bansal as the resolution professional of Lanco Thermal Power Limited, has been approved by the Committee of Creditors through e-voting concluded on 13-06-2019. Committee of Creditors comprises of 20 banks and financial institutions having clams of more than Rs. 24,000 crores. Apart from the direct investment in a 10MW hydro plant located in Himachal Pradesh, Lanco Thermal have made investments in six power plants through its subsidiaries and associated companies.   CA Parveen Bansal is a designated partner of AAA Insolvency Professionals LLP ("AAAIP"). AAAIP has evolved to become the largest Insolvency Professional Entity (IPE) of India having reputed partners spread across the country. Continue reading     If you like our Weekly Newsletter, please do forward it to your friend'sand colleagues.  Thanks & Regards AAA Insolvency Professionals LLP (India's Largest Insolvency Professionals Entity) Share Tweet Forward Copyright © 2019 AAA Insolvency Professionals LLP, All rights reserved. (The largest Insolvency Professionals Entity of India) Our mailing address is: E-10 A Kailash Colony New Delhi - 110048 Want to change how you receive these emails? You can update your preferences or unsubscribe from this list.

My neighbors put a “tenants only, all other vehicles will be towed” sign in front of...?

Answer: I had this problem once.​ The neighbor didn't put up a sign like that.​.​.​ Susan's Digest Top Stories For You My neighbors put a "tenants only, all other vehicles will be towed" sign in front of their house on a public street. What should I do? Mark Lee, Customer Care Agent at G2 Secure Staff (2018-present) Written Jun 15 I had this problem once. The neighbor didn't put up a sign like that, but I had neighbors that would call the cops every time somebody parked in front of their house and wo...  Read More » Have you ever been robbed? Harry Huie, former Policeman at Memphis TN (1968-1993) Written Jun 18 when I was a young man, I was knocked in the head and robbed. in the little town it happened, the law tried to arrest me! The local hospital refused to treat me , as they d...  Read More » Is it justified for a parent to spend their child's savings without asking? Grim Hahn, I have been helpin raising my brothers child since birth Written Jun 18 I got a total 75$ for my 11th birthday one year; I asked my mom to open a savings account, and we did. A few months later I asked my mom if I could get my money out so I cou...  Read More » Why don't cops give speeding tickets for someone going 1 mph over the speed limit? If it truly is a speed limit, then shouldn't that be the maximum speed you can go before you are ticketed for speeding? Bernard Roberts, former Paramedic at New York (1995-2004) Updated Jun 17 The truth of the matter is because a little piece of federal law… This law mandates that the speedometer on a vehicle must comply to a 4% standard. That means that a vehicl...  Read More » How do I get rid of a tenant who is not paying rent complains because there's insects he doesn't have to pay rent? Terry Lambert, Currently a landlord in the San Francisco Bay area. Written Jun 17 "Insects you say? INSECTS?!?" Dearie me. That definitely sounds like a health code violation. Let me call the health department right now, and have the place condemned. You'll...  Read More » How is Chris Tucker broke when he made 20 million for hit film Rush Hour 2 and 25 million for Rush Hour 3? Michael Lee, Training Manager at Realty One Group (2015-present) Written May 9 Tucker made a fortune in the "Rush Hour" one (1998), two (2001 he was paid $25 million) and three (2007 he was paid $25 million) movies but opted to step out of the limelig...  Read More » Why do police officers touch the back of your car? Stan Bezuidenhout, Forensic Specialist / Court Expert (2019-present) Written Jun 19 There are several answers. As a police officer having run many stops myself, I used to do this as well. The main reasons for my doing so included the following: Stability By ...  Read More » My landlord asks for all my rent checks for the year at once. Is she allowed to do that? Christie Wagner Written Jun 19 Sounds to me as if maybe your landlord has a problem: a drug problem or a gambling problem? (Did you ever think to ask why? Of course, don't proffer these possibilities. Yo...  Read More » What is the most overused movie trope that Hollywood just needs to let go? Sam Bellerose, High School Graduate, somehow. Written Jun 5 Here's one that really bothers me (spoilers for all movies mentioned below). Let's look at two of my favourite movies from the past few years: Kingsman: The Secret Service and ...  Read More » If someone legally broke into your house and your dog bit them, would you be liable? Such as a police officer with a warrant. John Copeland, Enrolled School of Hard Knocks, University of Life Updated Sat If someone legally broke into your house and your dog bit them, would you be liable? Such as a police officer with a warrant. I cannot speak for how it would apply in all ju...  Read More »   Read More in Your Feed Follow Quora on: Get the App for iOS and Android This email was sent by Quora (650 Castro Street #450, Mountain View, CA 94041). If you don't want to receive this type of email in the future, please unsubscribe.http://www.quora.com/