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The highest court also ruled that once the corporate debtor has begun the liquidation process, the customs authorities cannot claim title to the commodities or issue a notice to sell them in accordance with the Customs Act.

If new distributors are selected, the current HUL distributors worry that they would lose half of their retail trade assets, according to a statement released on Sunday by their umbrella organization, AICPDF.

Analysts anticipate RIL may resume plans for an O2C demerger that were shelved last year. RIL may offer a schedule for the implementation of its 5G services in 13 cities.

Invoking the pledge of Reliance Capital's 100% ownership of Reliance General, IDBI Trusteeship Services Limited, acting as a debenture trustee on behalf of Credit Suisse, transferred the shares to its account in November 2019.

Following the completion, the plants production capacity will increase to 1.8 mtpa.

OVL, the state-owned Oil and Natural Gas Corporation's (ONGC) overseas subsidiary, has successfully negotiated an extension of the exploration phase till June 15, 2023.

PNB did not provide any explanations, just stating that it reserves the right to remove the account that has been provided for transfer.

The business may convene a board meeting the next week to go through the FY21 and FY22 auditor's financial report

By 2026, the factory in Hansalpur, Gujarat, will be fully operational and produce cells for the company's Indian-made electric vehicles (EVs). In contrast, the new Maruti Suzuki plant in Haryana's Kharkhoda would produce both electric and gasoline-powered vehicles with a production capacity of one million units annually.

The meeting's discussions are anticipated to center on the new Foreign Trade Policy (FTP 2022—27), strategies for developing domestic industry, and exports