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NITIN DESAI NEWS
Insolvency proceedings: SC dismisses plea by wife of late Nitin Desai against NCLAT order
September 17, 2023 4:13 pm
The National Company Law Appellate Tribunal had dismissed Nitin Desai’s appeal against an NCLT order initiating the corporate insolvency resolution process against his company. Naina had challenged the NCLAT order.
Partnerships gone south, the lockdown, OTT and strained ties: How Nitin Desai fell into a debt trap
September 27, 2023 7:39 pm
According to the police, Desai and his wife Neha set up the studio in 2004, a year before it became functional, and he took charge of its operations. The couple initially applied for and repaid a loan of Rs 2.5 lakh, Neha had stated in the FIR.
NCLT allows ND Studio Resolution Professional's plea seeking to discharge duties ‘only after normalcy is restored’
September 03, 2023 2:39 pm
The NCLT observed that a police case for abetment of suicide under Indian Penal Code was registered after National Award-winning art director Nitin Desai, one of the directors of corporate debtor ND’s Art World Private Limited, died in his studio on August 2, on the ground that the initiation of CIRP proceedings caused him to die by suicide.
‘Nitin Desai started delaying loan repayment schedule from ’18 end’
August 20, 2023 5:04 pm
On July 25, the Mumbai bench of the National Company Law Tribunal had initiated the Corporate Insolvency Resolution Process against ND’s Art World Private Limited in view of an outstanding debt of Rs 252.48 crore
Nitin Desai death: Edelweiss Finance employees appear before Raigad police
August 13, 2023 4:13 pm
Edelweiss Finance officials are being questioned in Nitin Desai suicide case earlier this month.
Nitin Desai death: HC refuses to grant immediate relief to accused from coercive action, to hear pleas on Aug 18
August 13, 2023 4:46 pm
Pending the hearing of their pleas, the accused also sought interim relief of ‘no coercive action’ and that the probe be stayed until then.
Nitin Desai death: 2 accused from Edelweiss Group seek to quash FIR
August 10, 2023 7:56 pm
Pending the hearing of their plea, the two have also sought interim relief of “no coercive action" and that the probe be stayed until then.
Nitin Desai died a day after NCLAT dismissed his plea
August 15, 2023 4:23 pm
Tribunal order paved way for insolvency proceedings against ND’s Art World.
Nitin Desai suicide case: Police notice to Edelweiss Group
August 06, 2023 7:25 pm
The MD of the company has to remain present at the police station to submit these information by August 8, a statement of the Raigad police stated.
Aamir Khan on poor industry turnout at Nitin Desai's funeral, remembers their last meeting eight months ago: 'He seemed happy'
August 05, 2023 10:40 am
Aamir Khan remembered meeting Nitin Desai earlier this year at his daughter's wedding. He said, "No one knew... he seemed happy."
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