Deccan Chronicle Holdings
Who is T Venkattram Reddy, the man arrested by ED in money-laundering case
Reddy is the former owner and promoter of Deccan Chronicle Holdings Limited (DCHL); ED alleges that he was involved in money laundering and submitted fake documents
 "Who is T Venkattram Reddy, the man arrested by ED in money-laundering case")
ED arrests former promoter Venkatram of DCHL in money laundering case
The Enforcement Directorate has arrested T Venkatram Reddy, a former promoter of the Deccan Chronicle Holdings Limited (DCHL), as part of a money laundering investigation linked to an alleged bank fraud case, official sources said on Tuesday. Reddy was taken into custody under the Prevention of Money Laundering (PMLA) by the federal agency's Hyderabad office, they said. The agency had said in 2020 that its probe found that "the three promoters of DCHL namely P K Iyer, T Venkatram Reddy and T Vinayakravi Reddy hatched a well planned conspiracy and manipulated the balance sheets of the company inflating the profits-advertisement revenue and grossly under-stated the financial liabilities of the company to paint a rosy picture for years to cheat the banks and its shareholders." The company, at that time, was stated to be under corporate insolvency resolution process. A resolution plan for only Rs 400 crore has been approved by the NCLT. The total loan fraud committed by DCHL and its ..
 "ED arrests former promoter Venkatram of DCHL in money laundering case")
Sebi issues Rs 4.29 cr demand notice to Deccan Chronicle Holdings promoters
Capital markets regulator Sebi has sent a notice to Deccan Chronicle Holding's promoters and asked them to pay Rs 4.29 crore in a matter related to misrepresentation of financial statements of the company from FY 2008-09 to 2011-12. The regulator directed T Venkattram Reddy, T Vinayak Ravi Reddy and P K Iyer to pay Rs 4.29 crore, which includes interest and recovery costs, within 15 days, Sebi said in a demand notice issued on Friday. In the event of non-payment, it will recover the amount by attaching and selling the movable and immovable properties of the Deccan Chronicle Holdings Ltd (DCHL) promoters. The promoters' of the firm will also face attachment of assets and bank accounts and further arrest and detention in prison. The notice came after T Venkattram Reddy, T Vinayak Ravi Reddy and Iyer failed to pay the fine imposed on them by the Securities and Exchange Board of India (Sebi). The regulator in its order in March levied a fine of Rs 4 crore on DCHL, Rs 1.30 crore each o
 "Sebi issues Rs 4.29 cr demand notice to Deccan Chronicle Holdings promoters")
HC sets aside arbitrator's award asking BCCI to pay Rs 4,800 cr to DCHL
Deccan Chronicle Holdings, the Hyderabad-based media company that acquired the franchise for $107 million in 2008, then approached the Bombay HC, seeking an order restraining BCCI from taking any step
 "HC sets aside arbitrator's award asking BCCI to pay Rs 4,800 cr to DCHL")
Arbitrator asks BCCI to pay Rs 4,800 crore to Deccan Chronicle Holdings
Apex cricket body given till September to pay up
 "Arbitrator asks BCCI to pay Rs 4,800 crore to Deccan Chronicle Holdings")
Deccan Chronicle Holdings moves Hyderabad HC against move to seize office
Argues that Indiabulls cannot take possession of its properties in view of ongoing insolvency proceedings
 "Deccan Chronicle Holdings moves Hyderabad HC against move to seize office")
Insolvency process: CoC open to new bids for Deccan Chronicle, says NCLT
Vision India Fund's original resolution plan had failed to get the mandatory 66 per cent vote in the CoC earlier
 "Insolvency process: CoC open to new bids for Deccan Chronicle, says NCLT")
