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Liquidation
December 7, 2021 0

At a glance: the liquidation and reorganization processes in the British Virgin Islands

Types of liquidation and reorganization processesVoluntary liquidationsWhat are the conditions for a debtor to initiate…

Liquidation
December 7, 2021 0

In short: the liquidation and reorganization processes in Luxembourg

Types of liquidation and reorganization processesVoluntary liquidationsWhat are the conditions for a debtor to initiate…

Liquidation
December 7, 2021 0

Spicejet liquidation: Madras HC gives Spicejet two weeks to pay $ 5 million in dues

The Madras High Court on Monday ordered the liquidation of SpiceJet for non-payment of $…

Debtor
December 7, 2021 0

The personal assets of guarantors cannot be transferred during the CIRP of a debtor company without initiating a separate procedure – NCLAT – Finance and Banking

India: Personal property of guarantors cannot be transferred during the CIRP of a debtor company…

Insolvency
December 6, 2021 0

NCLT admits RBI’s plea in insolvency proceedings against Reliance Capital

The National Company Law Tribunal (NCLT) on Monday admitted the Reserve Bank’s plea to initiate…

Sequestration
December 6, 2021 0

OCSLA Amendments Set the Stage for Carbon Sequestration in Offshore Federal Waters

The Infrastructure Investment and Employment Act (the “Act”), which was signed into law on November…

Liquidation
December 4, 2021 0

Derby County and the threat of liquidation – The Athletic

In just over two months since Carl Jackson and Andrew Hosking were appointed joint directors,…

Liquidation
December 3, 2021 0

The liquidation of Pâtisserie Valerie obtains its agreement despite the errors

By Silvia Martelli (December 3, 2021, 19:15 GMT) – A judge said on Friday that…

Liquidation
December 3, 2021 0

Limetree refinery’s failed bidder calls winning bid a “backdoor liquidation”

Limetree Bay Oil Refinery facilities are seen in St Croix, US Virgin Islands on June…

Insolvency
December 2, 2021 0

Start of insolvency proceedings against Reliance Capital; RBI file application – ThePrint

Text size: A- A + New Delhi [India], Dec. 3 (ANI): On Thursday, the Reserve…

Insolvency
December 2, 2021 0

RBI Opens Insolvency Proceedings Against Reliance Cap at NCLT, Mumbai

The Reserve Bank of India on Thursday filed an application to initiate insolvency proceedings against…

Insolvency
December 1, 2021 0

How can insolvency affect pending arbitration proceedings?

Keith Tully, Partner at Real Business Rescue, shares his knowledge of the ripple effect of…

Insolvency
December 1, 2021 0

When Zero Hour Strikes: The Insolvency and Bankruptcy Code as an Exit Mechanism – Insolvency / Bankruptcy / Restructuring

The Insolvency and Bankruptcy Code of 2016 (“Code”) brought about a magnanimous change in the…

Insolvency
November 30, 2021 0

The insolvency of Reliance Capital and the domino effect on its subsidiaries

Lenders have already tried to finalize a resolution plan for two large non-bank lenders under…

Liquidation
November 29, 2021 0

Construction company in liquidation | News from the stars

A Dunedin construction company that only operated for 12 months has been put into liquidation…

Sequestration
November 29, 2021 0

Rebuild better green provisions subject to fiscal sequestration

The Build Back Better Reconciliation Bill (HR 5376) passed the House earlier this month calls…

Insolvency
November 26, 2021 0

Webinar: Actions of Insolvency Liquidators Against Banks, A Comparison of the US, England, Canada and Switzerland – Insolvency / Bankruptcy / Restructuring

Switzerland: Webinar: Actions of insolvency liquidators against banks, a comparison between the United States, England,…

Debtor
November 26, 2021 0

Post-Claim California Private Retirement Plan to Protect Non-Exempt Debtor Assets Deemed Gluck Sham

A retirement plan is for retirement, not for asset protection Getty I first wrote about…

Insolvency
November 25, 2021 0

More time allowed for the insolvency process of Vasan Health Care Ltd.

The National Company Law Appeals Tribunal (NCLAT), Chennai, allowed an appeal filed by the creditors…

Liquidation
November 25, 2021 0

Liquidation process: IBBI modifies the filing format of the list of stakeholders

The insolvency regulator IBBI has changed the format for filing the list of stakeholders in…

Insolvency
November 24, 2021 0

Before Richard Ludwig’s business went bankrupt, he and his pre-insolvency advisers smuggled over $ 740,000 out of the business.

A Gold Coast businessman is in custody awaiting conviction after following a plan to illegally…

Liquidation
November 23, 2021 0

Warning for the South-West as the number of companies going into voluntary liquidation doubles during the year

The number of companies choosing to go into liquidation in the Southwest is increasing as…

Debtor
November 23, 2021 0

NCLT cannot give a debtor business time to repay its debt once it is satisfied that the default has occurred and the debt is owed – NCLAT – Corporate / Commercial Law

India: NCLT cannot give a debtor business time to repay its debt once it is…

Liquidation
November 22, 2021 0

Oswaldtwistle: Black Dog advertising company goes into liquidation

The company that runs a popular East Lancashire pub has been put into liquidation after…

Liquidation
November 22, 2021 0

Oswaldtwistle: the Black Dog pub goes into liquidation

A popular East Lancashire pub has been put into liquidation after facing a few ‘tough’…

Debtor
November 19, 2021 0

Alpha Latam Management, LLC and its debtor subsidiaries receive US Bankruptcy Court approval for sale of Colombian assets to CFG Partners Colombia SAS

MIAMI, November 19, 2021 / PRNewswire / – Alpha Latam Management, LLC and certain of…

Insolvency
November 18, 2021 0

Srei creditors may consider joint insolvency proceedings

Consolidated insolvency proceedings may generate more interest among potential bidders than sole proprietorships A staff…

Debtor
November 18, 2021 0

Creditors Committee Says Maximizing Debtor’s Asset Value Is Supreme

The commercial wisdom of the Creditors Committee under the Insolvency and Bankruptcy Code enjoys full…

Liquidation
November 17, 2021 0

Certificate of no objection from the IT department not required for voluntary liquidation: IBBI

Insolvency regulator IBBI has clarified that an Insolvency Professional (IP) managing the voluntary liquidation process…

Insolvency
November 17, 2021 0

Business News | Stock market and stock market news | Financial news

Search for quotes, news, net asset values ​​of mutual funds A 97 (Paytm) INE982J01020, PAYTM,…

Insolvency
November 17, 2021 0

Portugal changes insolvency path with recovery plan

Since March 2020, the Covid-19 pandemic has led to the taking of several political decisions…

Insolvency
November 16, 2021 0

The insolvency practitioner does not need to request the CNP from the tax service during the voluntary liquidation process: IBBI

The IBBI said an insolvency practitioner responsible for the voluntary liquidation process does not have…

Liquidation
November 16, 2021 0

Carillion: the High Court clarifies the scope of the legal stay in liquidation

In FCA vs. Carillion [2021] EWCH 2871 (Ch), the High Court confirmed that the enforcement…

Liquidation
November 15, 2021 0

NCLT orders liquidation of Nakshatra Brands, owned by Mehul Choksi

A Mumbai court has ordered the liquidation of Nakshatra Brands, owned by fugitive diamond trader…

Insolvency
November 15, 2021 0

Arbitration Can Rarely Be Enforced In Insolvency | Comment

The Court of Appeal upheld the judgment of Justice Fraser in John Doyle Ltd (in…

Debtor
November 12, 2021 0

Can I hold a debtor’s bank account hostage? – Insolvency / Bankruptcy / Restructuring

United States: Can I hold a debtor’s bank account hostage? November 12, 2021 Ward and…

Debtor
November 11, 2021 0

Can I hold a debtor’s bank account hostage? | Ward and Smith, Pennsylvania

For creditors dealing with debtors in the shadow of bankruptcy, a common scenario repeats itself.…

Debtor
November 11, 2021 0

New Bill Would End “Two Stages of Texas” and Eliminate Chapter 11 Non-Debtors Discharges | Dechert srl

Strong points The Nondebtor Release Prohibition Act was submitted to the House for a full…

Debtor
November 10, 2021 0

Can I hold a debtor’s bank account hostage?

November 10, 2021 For creditors dealing with debtors in the shadow of bankruptcy, a common…

Liquidation
November 9, 2021 0

A director cannot recreate history – Re Bronia Buchanan Associates Ltd (in liquidation)

introduction In Re Bronia, ICC Judge Burton had to consider whether a director could retrospectively…

Insolvency
November 8, 2021 0

The Corporate Insolvency & Governance Act 2020 – Insolvency / Bankruptcy / Restructuring

UK: Insolvency and Corporate Governance Act 2020 08 November 2021 Blaser Mills To print this…

Sequestration
November 6, 2021 0

Weyerhaeuser CEO discusses logging company’s efforts to grow its carbon sequestration business – Oakland News Now

https://www.youtube.com/watch?v=-YerSA_qYFk Oakland News Now – Weyerhaeuser CEO discusses forestry company’s efforts to grow its carbon…

Insolvency
November 5, 2021 0

Is this the end of insolvency auctions?

Peter Clyde is General Counsel in the Construction and Engineering Litigation team at Addleshaw Goddard…

Debtor
November 4, 2021 0

Do debtors manage to dance? How Debtor Companies Like Johnson & Johnson Begin The Texas Two Step And How Creditors Can Intervene

Fraudulent transfers and actions to avoid them are second nature to lawyers for debtors and…

Debtor
November 4, 2021 0

High Court: Insolvency deal denied after PIP failed to properly verify debtor’s income

The High Court dismissed an appeal for a personal insolvency agreement (PIA) after it was…

Insolvency
November 4, 2021 0

Gully Howard Commercial Realtors Unaffected

Isle of Wight real estate company Gully Howard Limited, which has been in business since…

Debtor
November 4, 2021 0

MedMen responds to debtor ‘defamation’ accusations

By Sarah Jarvis (November 3, 2021, 9:36 p.m. EDT) – MedMen argued this week that…

Debtor
November 4, 2021 0

MedMen responds to debtor’s ‘defamation’ accusations

By Sarah Jarvis (November 3, 2021, 9:36 p.m. EDT) – MedMen argued this week that…

Debtor
November 3, 2021 0

Possession of a Debtor’s Property After a Bankruptcy Declaration May or Not … Be a Stay Breach | Nelson Mullins Riley & Scarborough LLP

A person in possession of a debtor’s property while filing for bankruptcy now has more…

Debtor
November 1, 2021 0

Sixth Circuit Upholds Chapter 13 Debtor’s Right to Request and Obtain Dismissal of Bankruptcy Case | Favor Swift Collins & Smith

A law must be interpreted and applied as it is written, regardless, according to the…

Liquidation
November 1, 2021 0

Plot twist: many FCA / PRA opinions are ultimately not subject to suspension of liquidation

The FCA and PRA must have heaved a sigh of relief last week when news…

Debtor
November 1, 2021 0

Who Benefits from the Increase in Home Value in a Chapter 13 – Debtor or Estate?

In a Chapter 13 case, which typically lasts 3 to 5 years while a debtor…

Insolvency
November 1, 2021 0

TGIF – Change of hat: the receiver becomes liquidator despite the shareholders’ dispute – Insolvency / Bankruptcy / Restructuring

To print this article, simply register or connect to Mondaq.com. This week’s TGIF considers Regarding…

Liquidation
October 31, 2021 0

How to file for bankruptcy or liquidation in the event of a business failure in the United Arab Emirates? – New

If an entity is unable to pay its debts to its creditors, it may choose…

Liquidation
October 28, 2021 0

Court grants Steinhoff leave to appeal disputed jurisdiction in liquidation case

Steinhoff has argued that he cannot face a liquidation hearing in a South African court.…

Liquidation
October 28, 2021 0

Liquidation of the assets of Microfinance Institutions, Caisses d’Epargne et de Crédit: land properties put up for sale

The receiver of 347 microfinance companies and 23 savings and loan companies, Eric Nana Nipa,…

Insolvency
October 28, 2021 0

Scottish insolvency figures rise in third quarter

The number of business bankruptcies in Scotland increased by 80.3% between July and September of…

Insolvency
October 28, 2021 0

Credit Strategy – Turnaround, Restructuring and Insolvency News (IRR)

The figure stood at 1,446 in September 2021, higher than the number of 928 recorded…

Debtor
October 28, 2021 0

Sixth Circuit Confirms Chapter 13 Debtor’s Right to Request and Obtain Dismissal of Bankruptcy Case

A law must be interpreted and applied as it is written, regardless, according to the…

Liquidation
October 28, 2021 0

Tissue Co. Gorham obtains approval for vote on Ch. 11 Liquidation

By Rick Archer (October 27, 2021, 8:00 p.m. EDT) – A Delaware bankruptcy judge sent…

Liquidation
October 27, 2021 0

Note on changes to the CIRP and the liquidation process

The Insolvency and Bankruptcy Board of India (IBBI) published working papers soliciting comments on issues…

Insolvency
October 26, 2021 0

Legal changes made to attract insolvency work

(CNS): A number of changes are being made to the companies law that officials at…

Liquidation
October 26, 2021 0

Gordon Brothers to lead liquidation of Ranger Energy Services

Boston, October 26, 2021 (GLOBE NEWSWIRE) – Gordon Brothers, the global consultancy, restructuring and investment…

Liquidation
October 26, 2021 0

Gordon Brothers to Lead Ranger Energy Services’ Liquidation of Former Basic Energy Services Assets

Boston, October 26, 2021 (GLOBE NEWSWIRE) – Gordon Brothers, the global consultancy, restructuring and investment…

Insolvency
October 26, 2021 0

Subject to your approval: conclusion of post-liquidation agreements – Insolvency / Bankruptcy / Restructuring

To print this article, simply register or connect to Mondaq.com. This week’s TGIF examines a…

Liquidation
October 26, 2021 0

Southern Bay Brewing placed in liquidation

The Southern Bay Brewing in Geelong has been put into liquidation. According to an insolvency…

Liquidation
October 25, 2021 0

Liquidation work in progress for the companies Vijay Mallya, Nirav Modi

Even though insolvency proceedings against liquor baron Vijay Mallya and diamond dealer Nirav Modi continue…

Insolvency
October 25, 2021 0

Legalpay funds Bengaluru-based hospital as part of corporate insolvency process

The main objective of granting interim financing is to keep companies in insolvency under the…

Insolvency
October 23, 2021 0

Can a medical consultant be discriminated against against a doctor employed in the insolvency process of a hospital? SC to examine

The Supreme Court has issued an opinion on a petition that raises the question of…

Insolvency
October 22, 2021 0

UK Small Businesses Consider Insolvency To Escape Covid State Loans

Small businesses in the UK are seeking advice on ways to escape dangerous levels of…

Insolvency
October 22, 2021 0

Prof Prem Sikka: Britain’s insolvency industry is corrupt and reform is long overdue

“The insolvency industry is the ‘Wild West’ of our time” Prem Sikka is Emeritus Professor…

Liquidation
October 21, 2021 0

Balnacraig School: liquidation of one of Scotland’s oldest charities

ONE OF Scotland’s oldest charities that has provided life-saving care to vulnerable children and young…

Insolvency
October 20, 2021 0

Restructuring, Insolvency and Bankruptcy Chile Newsletter – September / October 2021 | Dentons

Find out about the latest news on restructuring, insolvency and bankruptcy in Chile: a favorable…

Liquidation
October 20, 2021 0

Numsa loses ConCourt offer to force parliament to suspend liquidation of SA Express, Denel

Numsa General Secretary Irvin Jim argued that Parliament has a duty of oversight and accountability…

Insolvency
October 20, 2021 0

Phasing out of temporary insolvency protection

Sponsored article | Sean Fitzgerald, Woodfines Lawyers Sean Fitzgerald, Woodfines attorneys (52303136)Since June 2020, companies…

Insolvency
October 18, 2021 0

More and more companies are opting for insolvency

The number of companies choosing to go into liquidation has reached its highest level since…

Liquidation
October 18, 2021 0

Dubai courts: a stern warning for executives of companies in liquidation

On October 10, the Dubai Magistrate’s Court issued a potentially groundbreaking judgment regarding directors’ liability…

Liquidation
October 18, 2021 0

BetIndex administrators intend to seek liquidation

The co-administrators of BetIndex have announced their intention to seek a termination order from the…

Debtor
October 15, 2021 0

Teligent: Company arranges $ 12 million debtor-in-owner financing from its senior secured lenders and access to its cash collateral on a consensus basis – Form 8-K

Company arranges $ 12 million debtor-in-owner financing from its senior secured lenders and access to…

Insolvency
October 15, 2021 0

What we’re reading this week [October 11, 2021] – Insolvency / Bankruptcy / Restructuring

United States: What we’re reading this week [October 11, 2021] October 15, 2021 Mayer brown…

Liquidation
October 15, 2021 0

Barcelona liquidation insider risked revealing massive debts mean ‘we could be a mid-table La Liga club’

It has been alleged that Barcelona are set to be declared bankrupt in March as…

Debtor
October 14, 2021 0

Chapter 11 Debtor May Avoid Mortgage

Name of borrower missing from certificate of recognition By: Eric T. Berkman October 14, 2021…

Liquidation
October 13, 2021 0

Liquid Asset Partners Forms JV for Retail Liquidation

Grand Rapids-based asset liquidation company Liquid Asset Partners LLC has formed a joint venture with…

Insolvency
October 13, 2021 0

Insolvency law takes a hit: A review of Roofings v Roko Construction

Click here to listen to the audio The Ugandan High Court has ruled that a…

Insolvency
October 13, 2021 0

John Doyle Construction Ltd v Erith Contractors Ltd – Insolvency and Arbitration Continued

The case of John Doyle Construction Ltd v Erith Contractors Ltd [2021] EWCA Civ 1452…

Insolvency
October 12, 2021 0

Recent CVA, plans and restructuring plans – Insolvency / Bankruptcy / Restructuring

To print this article, simply register or connect to Mondaq.com. High Court sanctions plan proposed…

Liquidation
October 11, 2021 0

Skye Assets Fund SPC – Pressing the Pause button during a voluntary liquidation

When a shareholder has bought back his participation following a failed investment without objection a…

Insolvency
October 9, 2021 0

Srei group enters moratorium as NCLT admits insolvency pleas

Almost a week after the Reserve Bank of India (RBI) replaced the boards of directors…

Liquidation
October 8, 2021 0

Woodbridge Liquidation Trust Announces Cash Distribution

GLENDALE, Calif .– (COMMERCIAL THREAD) – Woodbridge Wind-up Trust (the “Confidence”) announced that its liquidation…

Insolvency
October 8, 2021 0

NCLT admits insolvency pleas against 2 companies of the Srei group and appoints a director

The NCLT on Friday admitted insolvency claims brought by banking regulator RBI against two companies…

Insolvency
October 8, 2021 0

Temporary Insolvency Practice Guidelines Provide Certainty About Administrative Appointments

Throughout the pandemic, we have seen a succession of temporary practice guidelines, allowing practitioners to…

Insolvency
October 8, 2021 0

NCLT admits NBFCs from SREI group for insolvency

The Kolkata formation of the National Company Law Tribunal admitted non-bank lenders from the SREI…

Liquidation
October 7, 2021 0

Fetchr threatened with liquidation

Fetchr threatened with liquidation New • 07 October 2021 Edit UAE-based last mile delivery company…

Liquidation
October 6, 2021 0

IBC: beyond traditional liquidation – L’Express Financier

According to the latest IBBI newsletter, six large companies were sold as a going concern…

Insolvency
October 6, 2021 0

Cross-border insolvency – First recognition of reorganization proceedings in the PRC by the Hong Kong court

HNA Group Co., Limited (under reorganization in Mainland China) [2021] HKCFI 2897 (Decision date: September…

Insolvency
October 6, 2021 0

Center to cut the wings of banks amid alert on deep haircuts in insolvency

The Ministry of Commercial Affairs (MCA) will soon begin consultations with the Reserve Bank of…

Insolvency
October 5, 2021 0

#Brew Insolvency: Where Now for Hybrid Claims? (Video) – Insolvency / Bankruptcy / Restructuring

UK: #Brew Insolvency: Where Now for Hybrid Claims? (Video) 05 October 2021 Sentry rooms To…

Debtor
October 4, 2021 0

Debtor loses offer for High Court to hear student loan case

By Vince Sullivan (October 4, 2021, 4:44 p.m. EDT) – Bankrupt woman lost her candidacy…

Liquidation
October 4, 2021 0

Liquidation: All public auction notices will be published on the IBBI online platform from October 1

Insolvency regulator IBBI has now made it mandatory to publish all public auction notices for…

Insolvency
October 4, 2021 0

RBI replaces boards of directors of Srei companies, to initiate insolvency proceedings soon

The Reserve Bank of India (RBI) replaced the boards of directors of Srei Infrastructure Finance…

Insolvency
October 4, 2021 0

RBI Replaces Boards of Directors of SREI Companies, Considering Insolvency Proceedings

The Reserve Bank of India (RBI) replaced the boards of directors of Srei Infrastructure Finance…

Liquidation
October 3, 2021 0

The 13 Macao Hotel Insolvable, Doomed Casino liquidation initiated

Posted: Oct 3, 2021, 8:46 a.m. Last update on: October 3, 2021, 11:42 a.m. Macau’s…

Insolvency
October 1, 2021 0

Thousands of businesses at risk of insolvency as ban on liquidating businesses ends today

As the government gradually removes its restrictions on liquidation requests, lenders and creditors can legally…

Debtor
October 1, 2021 0

US Bankruptcy Court Gives PAL Access to $ 505 Million Debtor-in-Operator Financing

The national airline Philippine Airlines Inc. (PAL) announced on Friday that it had received approval…

Insolvency
October 1, 2021 0

High Court Interpretation of Insolvency on an Insurance Proposal Form

Rahman Ravelli’s Syedur Rahman examines case focused on raising a company’s awareness of industry-related legal…

Insolvency
September 30, 2021 0

Videocon insolvency: NCLAT moved over confidentiality breach issue

The Bank of Maharashtra (BoM) raised the issue of breach of confidentiality in Videocon Industries’…

Debtor
September 30, 2021 0

After the implementation of the European restructuring directive, is France still in favor of debtors? – Insolvency / Bankruptcy / Restructuring

To print this article, simply register or connect to Mondaq.com. On September 15, 2021, a…

Insolvency
September 30, 2021 0

Bank of Maharashtra raises issue of breach of confidentiality in Videocon insolvency process

New Delhi: Bank of Maharashtra, a dissatisfied creditor of the Videocon group, on Friday raised…

Insolvency
September 30, 2021 0

Videocon insolvency proceedings: BoM raises the issue of breach of confidentiality

Bank of Maharashtra, a dissatisfied creditor of the Videocon group, on Friday raised the issue…

Liquidation
September 30, 2021 0

Kikki.K gets last minute stay of liquidation

Creditors met to vote on the recommendation on Thursday, but the meeting was adjourned for…

Liquidation
September 30, 2021 0

Liquidation and Prior Transactions in the Cayman Islands – Commentary

introductionAutomatically canceled transactionsPotentially voidable transactionsObligation to contributeintroductionWhen a Cayman Islands company (Cayman Company) goes into…

Debtor
September 29, 2021 0

Bankruptcy Debtor Trumps SBA in Arizona District PPP Loan Dispute – Insolvency / Bankruptcy / Restructuring

The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…

Debtor
September 29, 2021 0

Bankruptcy Debtor Trumps SBA in Arizona District P3 Loan Dispute | Snell & Wilmer

The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…

Insolvency
September 29, 2021 0

UK government braces for end of temporary insolvency measures

The government introduced the Insolvency and Corporate Governance Act 2020 (CIGA) in June 2020, prohibiting…

Insolvency
September 29, 2021 0

Are you worried about insolvency? Bite the CVL bullet, and stop putting the good money after the bad

We are seeing an increase in CVLs related to the IR35 reform and frankly, how…

Debtor
September 29, 2021 0

Bankrupt Debtor Trumps SBA in Arizona District PPP Loan Dispute

The Paycheck Protection Program (“PPP”) was a forgivable loan program administered by the US Small…

Insolvency
September 29, 2021 0

Insolvency of Videocon: Twin Star Tech opposes a new offer

In its resolution plan, Twin Star offered to pay Rs 2,962.02 crore on the admitted…

Liquidation
September 28, 2021 0

Steinhoff pushes back liquidation in South Africa

Business Day reporter Katharine Child says the case is tricky because Steinhoff is a multinational…

Insolvency
September 27, 2021 0

Manage parallel insolvency proceedings in different jurisdictions?

When creditors try to collect debt from a troubled business in different jurisdictions, they incur…

Liquidation
September 26, 2021 0

The businessman’s new company registered the day after the liquidation will be examined

THINGRajesh Luthra and his wife Tripta Tripta recently moved into a new home in Rolleston.August…

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