Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Zettai seeks Singapore High Court approval to convene creditors meeting
Zettai Seeks Singapore High Court Approval to Convene Creditors' Meeting: Zettai, a Singapore-based company, is seeking approval from the Singapore High Court to convene a meeting with its creditors as part of its restructuring process. The company, which operates in the technology sector, has faced financial difficulties, leading to its decision to enter a restructuring phase. The Court’s approval is a crucial step in the process of negotiating with creditors and finding a viable solution to the company’s financial troubles. The move is intended to ensure that all stakeholders, including creditors and investors, are aligned with the company’s restructuring plan.