Asia is seeing a growing liking for fine whisky, and some people are prepared to pay big bucks for the rarest labels. Bloomberg's Shery Ahn reports on what can only be termed an INTOXICATING investment.

Rare whisky an 'intoxicating' investment

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The National Company Law Appellate Tribunal (NCLAT) on Monday upheld the approval of Sapphire Media's resolution plan for acquiring Big 92.7 FM, owned by Reliance Broadcast Network Limited, dismissing a batch of appeals filed by Radio Mirchi, Orange FM, and others.The NCLAT Bench, comprising Chairperson Justice Ashok Bhushan and Technical Member Barun Mitra, concluded, "After considering the submissions, we find no grounds to interfere with the NCLT's order dated May 6, 2024, and consequently, the appeals are dismissed."Earlier, the National Company Law Tribunal (NCLT) cleared Sapphire Media's resolution plan in a ruling on May 6, 2024, with the plan being filed for approval by the resolution professional in NCLT Mumbai.The decision made by the National Company Law Tribunal (NCLT) was contested by the unsuccessful bidders, Abhijit Realtors  &  Infraventure and Creative Channel Advertising  &  Marketing, who filed a set of five appeals before the NCLAT. The appellants claimed ..

Earlier, the National Company Law Tribunal (NCLT) cleared Sapphire Media's resolution plan in a ruling on May 6, 2024, with the plan being filed for approval by the resolution professional in NCLT

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Rare whisky an 'intoxicating' investment

Asia is seeing a growing liking for fine whisky, and some people are prepared to pay big bucks for the rarest labels. Bloomberg's Shery Ahn reports on what can only be termed an INTOXICATING investment.

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