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CoinSwitch Announces Rewards-Backed Initiative for WazirX Users to Recover Around Rs. 600 Crore
CoinSwitch has announced a recovery programme for distressed WazirX users. The plan is estimated to help WazirX users recover at least Rs. 600 crore over a period of two years. Meanwhile, WazirX is preparing to present its restructuring plan in a Singapore court on January 22, after which it plans to extend the proposal to its creditors.
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WazirX Restructuring Plan Heads to Court in January; Risk of Liquidation If Rejected
Zettai stated that it is awaiting Singapore Court approval to present its restructuring plan to creditors. It added that if the plan is not approved, WazirX’s only remaining option would be liquidation.
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Indian Man Charged For Sexually Harassing 4 Women On Singapore Airlines Flight
A 73-year-old Indian national was charged in a Singapore court on Monday for allegedly molesting four women while on board a Singapore Airlines (SIA) flight from the United States to Singapore.
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Indian Jailed In Singapore For Not Returning Money Mistakenly Sent To Him
A 47-year-old Indian national has been sentenced to nine weeks' jail by a Singapore court after he failed to return SGD 25,000 (Rs 16 lakh approximately) mistakenly transferred to his bank account, despite knowing the money did not belong to him.
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Indian Origin Ex-Minister In Singapore Gets 1 Year Jail For Corruption
Singapore's Indian-origin former transport minister S Iswaran was handed a one-year jail sentence on Thursday after he pleaded guilty to five charges relating to corruption and blocking of justice in the High Court on September 24.
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China Woman Forges Medical Certificates To Take A Break From Work, Fined Rs 3 Lakh
She wanted a break due to her health issues and concerns about her mother's well-being but didn't want her company to think poorly of her.
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WazirX’s Moratorium Appeal Gets Four Months' Time from Singapore Court, Here’s What it Means
A Singapore court has granted WazirX a four-month moratorium period to complete its financial restructuring. In a press note released by the exchange on Thursday, September 26 it said that this action paves way for a legally binding resolution to restore WazirX’s crypto balances.
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2 Indian-Origin Malaysians Jailed For 10 Months Over Smuggling Attempt
A Singapore court on Friday sentenced two Malaysian nationals of Indian descent to 10 months in prison for attempting to smuggle a fellow citizen out of the country by concealing him in the cargo compartment of a truck.
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WazirX’s Singapore-Based Stakeholder Zettai Applies for Moratorium to Restructure Funds
WazirX estimates that Zettai may take at least six months to stitch up a scheme, which if approved by the creditors and sanctioned by the Singapore Court, “would be legally binding on all relevant parties, including Zettai.” The platform needs this time to finalise the terms and conditions of this financial restructuring scheme.
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Singapore Indian-Origin Opposition Leader Seeks High Court Trial Over Alleged Lies To Parliament
Mr Singh faces two charges of lying to a parliamentary committee that was convened in November 2021 to look into the lying controversy involving his party's former MP.
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Indian-Origin Woman, Charged In Singapore, Allowed To Visit Kerala
A court in Singapore on Monday allowed an Indian-origin Singaporean woman, who was charged with organising a pro-Palestine procession without a permit, to leave the country to visit her grandparents in Kerala.
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Indian-Origin Man Gets Jail For Punching Singapore Police Officer
A court here has sentenced an Indian-origin man to five weeks' jail for punching a Singapore police officer in an inebriated state while arguing in a rowdy crowd of over 10 men.
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Ex Singapore PM's Brother To Pay $296,000 In Defamation Lawsuit
The brother of former Singapore Prime Minister Lee Hsien Loong has been ordered by a court to pay S$400,000 ($296,000) to two government ministers in a defamation suit, local media reported on Friday.
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Indian-Origin Ex-Minister Gets Extension To Stay Out Of Singapore Due To Illness
Singapore's Indian-origin former transport minister S Iswaran, facing two corruption charges in a court, was on Monday given permission to remain outside Singapore for an additional 16 days.
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Former Teacher Jailed In Singapore For Showing Student Pornographic Clip
The lecturer, who was dismissed by his institute, said in the court that he was making a delivery in Pasir Ris on June 8, 2023, when he noticed the boy at a bus stop.
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CoinSwitch Announces Rewards-Backed Initiative for WazirX Users to Recover Around Rs. 600 Crore
CoinSwitch has announced a recovery programme for distressed WazirX users. The plan is estimated to help WazirX users recover at least Rs. 600 crore over a period of two years. Meanwhile, WazirX is preparing to present its restructuring plan in a Singapore court on January 22, after which it plans to extend the proposal to its creditors.
-
WazirX Restructuring Plan Heads to Court in January; Risk of Liquidation If Rejected
Zettai stated that it is awaiting Singapore Court approval to present its restructuring plan to creditors. It added that if the plan is not approved, WazirX’s only remaining option would be liquidation.
-
Indian Man Charged For Sexually Harassing 4 Women On Singapore Airlines Flight
A 73-year-old Indian national was charged in a Singapore court on Monday for allegedly molesting four women while on board a Singapore Airlines (SIA) flight from the United States to Singapore.
-
Indian Jailed In Singapore For Not Returning Money Mistakenly Sent To Him
A 47-year-old Indian national has been sentenced to nine weeks' jail by a Singapore court after he failed to return SGD 25,000 (Rs 16 lakh approximately) mistakenly transferred to his bank account, despite knowing the money did not belong to him.
-
Indian Origin Ex-Minister In Singapore Gets 1 Year Jail For Corruption
Singapore's Indian-origin former transport minister S Iswaran was handed a one-year jail sentence on Thursday after he pleaded guilty to five charges relating to corruption and blocking of justice in the High Court on September 24.
-
China Woman Forges Medical Certificates To Take A Break From Work, Fined Rs 3 Lakh
She wanted a break due to her health issues and concerns about her mother's well-being but didn't want her company to think poorly of her.
-
WazirX’s Moratorium Appeal Gets Four Months' Time from Singapore Court, Here’s What it Means
A Singapore court has granted WazirX a four-month moratorium period to complete its financial restructuring. In a press note released by the exchange on Thursday, September 26 it said that this action paves way for a legally binding resolution to restore WazirX’s crypto balances.
-
2 Indian-Origin Malaysians Jailed For 10 Months Over Smuggling Attempt
A Singapore court on Friday sentenced two Malaysian nationals of Indian descent to 10 months in prison for attempting to smuggle a fellow citizen out of the country by concealing him in the cargo compartment of a truck.
-
WazirX’s Singapore-Based Stakeholder Zettai Applies for Moratorium to Restructure Funds
WazirX estimates that Zettai may take at least six months to stitch up a scheme, which if approved by the creditors and sanctioned by the Singapore Court, “would be legally binding on all relevant parties, including Zettai.” The platform needs this time to finalise the terms and conditions of this financial restructuring scheme.
-
Singapore Indian-Origin Opposition Leader Seeks High Court Trial Over Alleged Lies To Parliament
Mr Singh faces two charges of lying to a parliamentary committee that was convened in November 2021 to look into the lying controversy involving his party's former MP.
-
Indian-Origin Woman, Charged In Singapore, Allowed To Visit Kerala
A court in Singapore on Monday allowed an Indian-origin Singaporean woman, who was charged with organising a pro-Palestine procession without a permit, to leave the country to visit her grandparents in Kerala.
-
Indian-Origin Man Gets Jail For Punching Singapore Police Officer
A court here has sentenced an Indian-origin man to five weeks' jail for punching a Singapore police officer in an inebriated state while arguing in a rowdy crowd of over 10 men.
-
Ex Singapore PM's Brother To Pay $296,000 In Defamation Lawsuit
The brother of former Singapore Prime Minister Lee Hsien Loong has been ordered by a court to pay S$400,000 ($296,000) to two government ministers in a defamation suit, local media reported on Friday.
-
Indian-Origin Ex-Minister Gets Extension To Stay Out Of Singapore Due To Illness
Singapore's Indian-origin former transport minister S Iswaran, facing two corruption charges in a court, was on Monday given permission to remain outside Singapore for an additional 16 days.
-
Former Teacher Jailed In Singapore For Showing Student Pornographic Clip
The lecturer, who was dismissed by his institute, said in the court that he was making a delivery in Pasir Ris on June 8, 2023, when he noticed the boy at a bus stop.
