SC says NCLAT has the right to reject Appu Hotels’ resolution plan

The Supreme Court has ruled an appellate bankruptcy tribunal was right in rejecting Appu Hotels’ resolution plan even as 87.3% of verified financial creditors approved the offer given by MK Rajagopal, the founder of MGM Healthcare.

The National Company Law Appellate Tribunal (NCLAT) rejected Rajagopal’s Rs 423-crore plan on the grounds that it was revised after a majority of lenders voted on it, but the revised plan was not put before lenders for a vote. Secondly, the resolution of the applicant was ineligible under Section 29 (A) of the Insolvency and Bankruptcy Code — a rule which bars defaulters from acquiring companies.

The division bench observed that while respecting the commercial wisdom of the Committee of Creditors, the NCLAT could not have approved the plan for these two major reasons.

After NCLAT rejected Rajagopal’s plan, the lenders approved a Rs 592-crore offer from the promoter, Periasamy Palani Gounder, in November

Passion for Italy Podcast Episode #19 Why Aren’t You in Italy? · Passion For Italy Travel

Welcome to your adventure in Italy that you are going to do in the future maybe next year or the year after. I have been reading a lot lately about how to make the most of life and how to create it and make it happen.

Mid life we ​​all need to stop and take a pause. The only good thing to come out of Covid was that the world paused. It gave us a lot of time to breathe and think and assess our lives and relationships. I’m sure a lot of people thought about how one wishes to spend the rest of your life.

What is stopping you from traveling other than the price? Is it afraid of flying? Or is it just fear in general – You don’t know where to go? Do you have problems sleeping in strange beds? Maybe your partner doesn’t want to travel

A hotel guest alleges he woke up to find the night manager licking his toes

A Nashville hotel guest was sleeping soundly when at 5 am, he woke up to find a man licking his toes. Now, the hotel’s night manager has been arrested, is being accused of sexual assault and is being sued, along with the hotel.

The hotel guest, Peter Brennan, says when he woke up to the disturbing scene he “immediately started yelling,” at the man in his room, who fled.

The suspect has been identified as David Neal, the night manager at the Hilton Downtown Nashville, according to Rocky McElhaney Law Firm, which is representing Brennan.

Brennan told hotel security about the alleged sexual assault but they “did not appear to take his complaint seriously,” the law firm said in a news release. Brennan then called the Metropolitan Nashville Police Department, who began investigating the March 30 incident.

Last week, Neal was arrested and charged with burglary in connection to the

UK rescue flights for tourists fleeing ‘out of control’ wildfires on Rhodes and Corfu

UK airlines are scrambling evacuation flights to the wildfire-ravaged islands of Rhodes and Corfu where up to 10,000 British tourists are stranded in a “living nightmare” as a fresh red alert is issued for Crete.

The two biggest holiday firms Tui and Jet2 have axed all flights to the island in the coming days after holidaymakers were forced to flee their hotels having to sleep on floors in schools, airports and sports centers – but other firms, including Ryanair, Thomas Cook and easyJet continue to fly tourists who want to travel to Rhodes.

The popular destination of Crete was also placed under an “extreme” fire warning on Monday, with Greek PM Kyriakos Mitsotakis telling parliament it must “be on constant alert” in the weeks ahead. He declared his country to be “at war” with the blazes and warned of three more “difficult days” before the extreme heat eases.

An aerial view shows smoke billowing behind Kiotari village, on the island of Rhodes (AFP/Getty)

An aerial

Southern California hotel union vows more walkouts ahead

Tensions rose Tuesday between the Southern California hotel operators and their striking workers during the first bargaining session since intermittent walkouts beginning July 1. Hotel representatives accused the union of failing to bargain in good faith, and Unite Here Local 11 vowed more strikes at hotels across Los Angeles and Orange counties.

Meanwhile, the labor unrest has cost targeted hotels for some major businesses.

A hotel industry group introduced a new contract proposal during negotiations at the Westin Bonaventure Hotel & Suites in downtown Los Angeles, the only hotel that has reached a deal so far and avoided strikes among the more than 60 targeted hotel sites within the Unite Here Local 11 membership area in Southern California.

Keith Grossman, an attorney representing a coalition of 44 Southern California hotels, said that the proposal represented an improved wage offer, but it was rejected by the union.

“The union made no

Thousands flee homes and hotels on Rhodes as fires spread

Thousands of people have been evacuated from homes and hotels on the Greek island of Rhodes after wildfires engulfed large parts of the island.

The country’s fire service has described the fires as the most difficult it is currently facing.

It is estimated that more than 3,500 people have moved by land and sea to safer locations.

The island has been battling wildfires fanned by strong winds since Tuesday, amidst a heatwave in Europe.

No injuries have been reported, according to the Ministry of Climate Crisis and Civil Protection in Greece.

It said visitors are being evacuated safely from the affected areas of Rhodes – which represent less than 10% of the island’s tourist accommodation – and are being redirected to other hotels on the island.

Five helicopters and 173 firefighters were operating in the area, with three hotels in the Kiotari area reported to have been damaged by fire.

Hotels occupied by resettled Afghans being cleared for small boat arrivals | Immigration and asylum

Hotel rooms occupied by Afghan interpreters and soldiers who served with the British army are being cleared to house people who came across the Channel in small boats, the Guardian has learned.

Suella Braverman, the home secretary, has sent letters threatening to remove Afghans from hotels across the UK next month. But the Guardian has been told that many of those rooms will still be paid for by the UK taxpayer and are part of a 5,000-bed “buffer” for any surge in the number of people arriving by small boats this summer and autumn.

Ministers are preparing for a rise in the number of people crossing the Channel after about 13,000 people, most of whom are expected to successfully apply for asylum, entered the UK earlier this year. Senior Home Office officials told MPs last week the department was paying for thousands of empty hotel beds reserved for people seeking

Miami-Dade finalizes one new airport hotel project, decides not to pursue another

Miami International Airport will have a new airport hotel soon. But following a contentious vote in Miami-Dade County Commission Tuesday, it may not have a second new one anytime soon.

The County Commission voted to award a contract to build a new airport hotel connected to Terminal D to FDR Miami Hotel LLC, the firm that scored highest during the competitive selection process. Commissioners voted unanimously to award FDR the contract.

FDR’s proposal is projected to bring the county around $240 million in revenue over the course of the 50-year lease. FDR is a joint venture of Miami-based Fontainebleau Development LLC led by Jeffrey Soffer and The Related Companies, which is chaired by Miami Dolphins owner Stephen Ross and headquartered in New York.

“Miami’s world-class airport deserves a world-class hotel,” a statement from FDR said after the vote. “We look forward to continued collaboration with the county and airport officials

Supreme Court tosses Trump DC hotel records case

The Supreme Court will no longer hear a case on whether Democratic lawmakers should have been able to sue to obtain documents related to a Washington, DC, hotel former President Trump owned during his presidency. Congressional members dismissed the lawsuit last month.

After the high court last month agreed to hear the Biden Justice Department’s appeal in the case, Democrats dismissed the dispute in a lower court. Both sides then wrote to the justices agreeing that the Supreme Court should toss it as moot.

In a brief, unsigned order Monday, the justices vacated the lower ruling and sent it back with instructions to dismiss the case. Justice Ketanji Brown Jackson dissented from the order, saying she would’ve instead used a different procedural mechanism to toss the case.

The hotel documents had largely fallen out of the dispute as the lawmakers obtained most of them through other means.

But the case