Water Bottles
NCLT allows insolvency against Himalayan Mineral Water on J-K Bank's plea
The National Company Law Tribunal (NCLT) has directed initiating insolvency proceedings against Himalayan Mineral Waters, allowing Jammu & Kashmir Bank's plea for default of a corporate guarantee given for LeeL Electricals. The Allahabad bench of NCLT has also appointed Bhoopesh Gupta as the interim resolution professional (IRP) for this Dehradun-based firm's Corporate Insolvency Resolution Process (CIRP). "We are satisfied that the Applicant/Financial Creditor (J&K Bank) has proved the debt and the default, which is more than the threshold limit... the application u/s 7 is found to be fit for initiation of the CIRP against the Corporate Debtor (Himalayan Mineral Waters," said a two-member bench in the order passed last Monday. Jammu & Kashmir Bank had claimed a default of Rs 50 crore against Himalayan Mineral Waters, engaged in the business of manufacturing of beverages, being the corporate guarantor for the credit facilities availed by the Leel Electricals. LeeL ...
 "NCLT allows insolvency against Himalayan Mineral Water on J-K Bank's plea")
Assam to ban packaged drinking water bottles of less than 1 litre
The Assam government has decided to ban packaged drinking water bottles of less than 1 litre from October 2. From October 2024, bottles of less than 2 litres will also be banned in the state, Chief Minister Himanta Biswas Sarma said after a cabinet meeting on Friday evening. "The cabinet decided to ban the production and use of drinking water bottles made of PET of less than 1 litre in volume. The ban will come into effect from October 2 with a three-month transition period provided," he said. Polyethylene terephthalate or PET is a type of polyester that is widely used in the production of plastic bottles, films and other products. It is known for its strength, flexibility and chemical resistance. "We will also strictly implement the ban on single-use plastic in the state as per the Plastic Waste Management (Amendment) Rules, 2021," the chief minister said. At the cabinet meeting, consolidated administrative approval was given for phase I of ADB-aided 'Climate Resilient Brahmaputr
 "Assam to ban packaged drinking water bottles of less than 1 litre")
Ministry sanctions new quality control orders on potable water bottle
Bureau of Indian Standards and DPIIT have initiated the development of 64 new quality control orders to cover 317 product standards including portable water bottles and flame-producing lighter
 "Ministry sanctions new quality control orders on potable water bottle")
Fancy water bottles aren't worth the money, but they may change your life
Polly Mosendz tests several of the top offerings from the multibillion-dollar reusable water bottle market and finds an existential truth
