Browsing: Admits

The Bombay National Company Law Tribunal (NCLT) on August 19 admitted PEN India Pvt. Ltd.’s insolvency plea against Reliance Entertainment Studios Pvt. Ltd. over a default of Rs. 11.94 crore. A bench comprising judicial member Nilesh Sharma and technical member Sameer Kakar held that an amount advanced under a Security Deposit Agreement can constitute a…

Cover Corporation, the Tokyo Stock Exchange-listed parent company of Hololive Production, formally acknowledged to its shareholders for the first time that its talents’ everyday streaming hours have declined as a direct consequence of expanding into live concerts and off-platform activities — a candid institutional admission that puts numbers to a trend fans had observed but…