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NCLT replaces RP in Anil Ambani personal guarantee case
NCLT replaces RP in Anil Ambani personal guarantee case

Time of India

timea day ago

  • Business
  • Time of India

NCLT replaces RP in Anil Ambani personal guarantee case

The National Company Law Tribunal ( NCLT ) has replaced Jitender Kothari with Prashant Jain as the resolution professional (RP) in the insolvency case linked to Anil Ambani 's personal guarantee for a ₹1,385-crore loan extended by SBI to Reliance Communications , Times of India . According to the report, Ambani had extended the guarantee in September 2016, which was retrospectively tagged as a non-performing asset from late August that year. Kothari was appointed RP in August 2020 and subsequently sought information from Ambani, including details of proceedings in a UK court. Explore courses from Top Institutes in Please select course: Select a Course Category Product Management CXO healthcare Technology others PGDM MBA Digital Marketing Management Finance Public Policy Leadership Data Science Data Science Healthcare Others MCA Data Analytics Operations Management Project Management Design Thinking Degree Artificial Intelligence Skills you'll gain: Creating Effective Product Roadmap User Research & Translating it to Product Design Key Metrics via Product Analytics Hand-On Projects Using Cutting Edge Tools Duration: 12 Weeks Indian School of Business ISB Product Management Starts on May 14, 2024 Get Details Skills you'll gain: Product Strategy & Roadmapping User-Centric Product Design Agile Product Development Market Analysis & Product Launch Duration: 24 Weeks Indian School of Business Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details Skills you'll gain: Product Strategy & Competitive Advantage Tactics Product Development Processes & Market Orientations Product Analytics & Data-Driven Decision Making Agile Development, Design Thinking, & Product Leadership Duration: 40 Weeks IIM Kozhikode Professional Certificate in Product Management Starts on Jun 26, 2024 Get Details The process triggered multiple legal challenges, including cases before the Delhi High Court and the Supreme Court. In May 2021, Kothari filed a report recommending admission of the insolvency plea, even as Ambani's counsel had requested additional time citing Covid-related travel restrictions. Soon after, Ambani's legal team argued that the RP was only entitled to seek information from SBI and accused him of seeking unrelated data. Ambani claimed that the RP was 'acting in undue haste and denying him fair and proper opportunity' to furnish information. The RP rejected these allegations. SBI, meanwhile, backed Kothari and said the prolonged pendency of the matter before the NCLT was delaying the resolution. Live Events In its July 15 order, as per TOI, the NCLT said, 'In light of Covid-related disruptions, Ambani should have been given a fair opportunity to provide information to the resolution professional.' It noted that 'the RP didn't even wait for adjudication of his application pending before this Tribunal seeking relaxation of 10 days' timeline and a cross application of the applicant before this Tribunal requiring more time in view of Covid restrictions.' While ruling out any misconduct, the bench said, 'Though, we do not find any negligence or explicit bias on part of the RP in this case, however, we are of considered view since the insolvency resolution process after commencement has to be run in close coordination of debtor and RP.'

Mohan Bhagwat to talk on Indianisation in education at Kerala conference
Mohan Bhagwat to talk on Indianisation in education at Kerala conference

Indian Express

time19-07-2025

  • Politics
  • Indian Express

Mohan Bhagwat to talk on Indianisation in education at Kerala conference

Over 300 top educationists, including vice-chancellors, academicians, and education ministers from states like Gujarat, Madhya Pradesh, Uttarakhand, and Puducherry, will gather in Kalady, Kerala, later this month for a national education conference organised by the RSS-linked Shiksha Sanskriti Utthan Nyas. Representatives from leading spiritual and academic institutions such as the Gayatri Parivar, Art of Living, Ramakrishna Mission, Chinmaya Mission, and the Vivekananda Yoga Anusandhan Kendra will also take part in the four-day event from July 25 to 28. The Nyas was established in 2007 as an outgrowth of the Shiksha Bachao Andolan, and has since emerged as the RSS's principal platform for educational outreach. It has been involved in promoting value-based education, textbook reforms, and the revival of Indian knowledge systems. The conference titled 'Gyan Sabha' will focus on the theme 'Education for a Developed India'. A key highlight will be an address by RSS chief Mohan Bhagwat on July 27, where he is expected to speak on the theme of Indianisation in education and the broader implementation of the NEP. Some of the dignitaries include AICTE chairman, UGC Vice Chairman, senior office-bearers of institutes like NITs and IIITs. Vice Chancellors of around 70-80 universities across India are expected to participate, Nyas General Secretary Atul Kothari said. 'Our principal job is to bring about a change in the education system, to bring in Indianness in the system. And we believe this cannot be done by one organisation or institution. That's why we are gathering representatives from the government, academia and social organisations. We are trying to connect with whoever is doing good work in the field of education. During the conference we will discuss what kind of changes are required in the education system and how we can achieve the same,' Kothari told The Indian Express. Announcing the event in Delhi Friday, Kothari had said the purpose of the conference is to explore how education in India can become more value-based, India-centric and knowledge-oriented. 'The aim is not to oppose Western knowledge systems but to ensure Indian students remain rooted in their traditions, culture and knowledge,' Kothari had said. The first two days of the conclave (July 25–26) will see a closed-door 'Chintan Baithak', where select participants will discuss issues related to the Indianisation of curriculum, promotion of Indian languages, moral education, and integration of traditional knowledge systems. On July 28, an open session will be held focussing on policy discussions and collaboration. There will also be a special session on Kerala and the education needs of the state. With the CM Pinarayi Vijayan-led government opposed to the NEP, Kothari said, 'the government there has been opposing it for political reasons. They argue that they want their education based on Kerala's traditions. We argue how it is different from India's traditions.' This is the first time such a large educational event by the Nyas is being held in Kerala, the home state of Adi Shankaracharya, whose birthplace Kalady is steeped in spiritual and philosophical legacy. Speaking about the upcoming Gyan Sabha, Sanjay Swami, national co-convenor of the Shiksha Sanskriti Utthan Nyas, said the resolutions passed during the meeting and the conference will be followed by nationwide discussions to gather suggestions, forming part of a national campaign. There will also be an in-depth discussion on the progress, societal impact, and future plans of the 'One Nation, One Name: Bharat' campaign being run by the Nyas. Swami stated, 'This is not just a matter of nomenclature—it is a resolution for cultural self-awareness and liberation from colonial mindset.' A nationwide signature campaign is being conducted in support of this initiative.

RSS-linked Shiksha Sanskriti Utthan Nyas to discuss ‘Indianness' in education at 4-day Kerala meet
RSS-linked Shiksha Sanskriti Utthan Nyas to discuss ‘Indianness' in education at 4-day Kerala meet

The Print

time18-07-2025

  • Politics
  • The Print

RSS-linked Shiksha Sanskriti Utthan Nyas to discuss ‘Indianness' in education at 4-day Kerala meet

Kerala governor, education ministers of various states, including Uttarakhand, Gujarat, Madhya Pradesh, and Puducherry, have been invited for the meeting, he said. RSS chief Mohan Bhagwat will attend the meeting at Kalady, the birthplace of the Adi Shankaracharya, from July 25, said Nyas national secretary Atul Kothari on Friday. New Delhi, Jul 18 (PTI) Around 300 educationists, including vice chancellors of universities, will come together in Kerala to discuss ways to revive 'Indianness' in the country's education system at a four-day meeting to be organised by RSS-linked Shiksha Sanskriti Utthan Nyas later this month. 'We have been working to bring a change in education. But it is not possible by the efforts of just one organisation. This four-day Gyan Sabha, from July 25 to July 28, is an effort to bring together all those who are working for change,' he told a press conference here. Kothari said around 300 educationists, including vice chancellors of various universities, and representatives from different organisations that run schools and higher education institutions will attend the meeting. Sharing the agenda of the meeting, he said the delegates will discuss various topics, including the 'revival of Indian education (system), identification of elements of Indianness in education and their inclusion in institutional work'. 'Education for a developed India' is another topic to be discussed at the meeting, he said, adding Bhagwat will address the delegates on 'Indianness in education' on July 27. Kothari said a special session will also be organised to discuss how to improve the quality of education in Kerala. Around 200 educationists from the state are expected to attend the event. Representatives from organisations like Art of Living, Gayatri Parivaar, Patyanjali, and Vivekanand Yoga Anusandhan Kendra are also expected to attend the meeting, he said. The four-day meeting will also review the work done by Shiksha Sanskriti Utthan Nyas and discuss its future strategy to achieve its goals. PTI PK PK NSD NSD This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

RSS chief to attend four-day education summit in Kerala; focus on NEP rollout and Indian knowledge systems
RSS chief to attend four-day education summit in Kerala; focus on NEP rollout and Indian knowledge systems

Time of India

time18-07-2025

  • Politics
  • Time of India

RSS chief to attend four-day education summit in Kerala; focus on NEP rollout and Indian knowledge systems

NEW DELHI: A four-day education summit will be held in Kalady, Kerala, from July 25 to 28 to chart a roadmap for implementing the National Education Policy (NEP) and strengthening traditional knowledge systems. Organised by Shiksha Sanskriti Utthan Nyas, an RSS linked body working to 'revive Indian ethos in education,' the Gyan Sabha will bring together around 300 selected educationists from across India, along with senior officials and spiritual organisations. Vice-chancellors of universities, directors of central institutions, AICTE chairperson T G Sitharam, UGC vice-chairperson, and the director of NAAC are expected to attend, alongside government representatives. 'Education ministers from Rajasthan, Uttarakhand, Gujarat, Madhya Pradesh and Puducherry have confirmed their participation. We are not inviting all ministers or vice-chancellors, but a select group of key stakeholders who can contribute meaningfully to this deliberation,' Atul Kothari, national secretary of the Nyas, said in a statement. A parallel programme will focus on Kerala's education sector, with 1,000 participants, including 200 selected educationists from the state and Governor Rajendra Arlekar, a press statement informed. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Many Are Watching Tariffs - Few Are Watching What Nvidia Just Launched Seeking Alpha Read More Undo 'Since this is the first time such a large event is being held in Kerala, we wanted local educators and eminent citizens to benefit from it as well. Our goal is to bring together all those working in education—institutions, organisations, and individuals—on a common platform to develop a collective blueprint for reform,' Kothari said. The RSS chief, Mohan Bhagwat, will attend the summit and deliver a lecture on July 27 on 'Indianness in Education' at a public event. On the final day, July 28, he will address a national brainstorming session titled 'Gyan Sabha: Viksit Bharat Hetu Shiksha'. Kothari said Bhagwat's presence underlines 'the Sangh's growing engagement with educational reform as part of its larger cultural and social agenda.' The Nyas has previously organised initiatives like Gyan Kumbh and Gyan Mahakumbh to promote Indian knowledge traditions, languages, mathematics, skill development, and character building. 'As Dr D S Kothari said decades ago, education is the most powerful instrument of national transformation. Our challenge is to combine India's heritage with contemporary needs,' Kothari added. While supporters view this as a necessary corrective to colonial-era systems, critics have accused the RSS of seeking to saffronise education. The summit comes amid heightened debate over curriculum reforms and the NEP's rollout across states.

Brasher Law Firm Partner Nishi Kothari Begins Tenure as President of the South Asian Bar Association of North America
Brasher Law Firm Partner Nishi Kothari Begins Tenure as President of the South Asian Bar Association of North America

Business Wire

time08-07-2025

  • Business
  • Business Wire

Brasher Law Firm Partner Nishi Kothari Begins Tenure as President of the South Asian Bar Association of North America

BEAUMONT, Texas--(BUSINESS WIRE)-- Brasher Law Firm, PLLC, is pleased to announce that firm partner Nishi Kothari has been elected president of the South Asian Bar Association of North America (SABA), an organization with 33 chapters in the United States and Canada and a membership of more than 12,000 legal professionals. Video interview clips and photos of the event available for use 'Words can't express how grateful I am to everyone who helped make this possible,' said Ms. Kothari. 'The theme for our recent SABA conference in Denver was 'Blazing New Trails' and that is exactly what we intend to do. I plan to hit the ground running and get as much of our agenda across the finish line as possible, while serving in this position.' Ms. Kothari previously served SABA as vice president of advocacy and chair of its advocacy committee. This past year she has served as President-Elect. Ms. Kothari said her vision for SABA North America is to broaden its global reach, strengthening ties, alliances, and partnerships with South Asian legal communities across the world, helping them build the foundation for their own version of SABA communities. 'This is a critical juncture in American history with many people in our community concerned about the possibility of raids in their homes, schools, and places of worship. It is important now, more than ever, to ensure we have global partnerships to help our community in any way possible,' she said. Brasher Law Firm Founder Clint Brasher and his wife Wendy Brasher were both on hand for the inauguration and swearing-in ceremony in Denver. 'Nishi is an amazing attorney and, more importantly, an amazing person,' said Mr. Brasher. 'She has been a rock-solid foundation to everything we do at our firm, and she will bring that same spirit of excellence to her work with SABA.' Ms. Kothari is an experienced litigator who focuses her practice on bad faith insurance claims, commercial litigation, and personal injury matters. She has been singled out for excellence by various leading legal guides including Best Lawyers, Lawdragon, and Super Lawyers. She is also board certified in insurance law by the Texas Board of Legal Specialization. This distinction requires at least five years as an active member in good standing of the State Bar of Texas, at least three years of Texas insurance law experience, vetted references from judges and other attorneys, as well as successfully passing a comprehensive six-hour exam. About Brasher Law Firm Texas-based Brasher Law Firm is dedicated to fighting for the rights and interests of its clients using its unique and passionate approach to litigation. Brasher represents individuals throughout Texas, Louisiana, and Oklahoma in cases involving personal injury claims, insurance claims, employment law, and maritime law. For more information, visit

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