REGION DIGEST

REGION DIGEST

20.07.2021

MGM chairman: Bid for hotel in individual capacity

With reference to the news report ‘MGM buys Le Meridien, may turn it into hospital,’ published in the Times of India on Monday (July 19), M K Rajagopalan, chairman of MGM Healthcare, said the Resolution Plan was submitted in his individual capacity for the resolution of Appu Hotels Limited, which was approved by the Adjudicating Authority NCLT, Chennai. Rajagopalan said he followed the due process of law set out under the IBC and the Resolution Plan was approved by the Adjudicating Authority after being satisfied that the RP is in conformity with the provisions of the IBC and IBBI Regulations 2016. Further, no decision has been taken regarding converting the Chennai hotel into a hospital, he said.

State submits report on prisoner murder: The state on Monday submitted a status report on the progress of the CB-CID investigation and certain documents in a sealed cover before the Madras high court on a plea seeking probe into the murder of a prisoner inside the Palayamkottai Central Prison in Tirunelveli district. During the previous hearing, the court had directed the state to submit a status report about the progress of CB-CID investigation.

Min condemns OPS statement on GAIL: State industries minister Thangam Thennarasu has condemned AIADMK coordinator O Panneerselvam’s statement against alleged laying of pipelines through farm lands by GAIL in Krishnagiri district. Terming the statement as mischievous, Thennarasu said such pipelaying projects commenced in Tamil Nadu way back in 2018 itself when AIADMK was in power. But OPS was issuing a statement as if the project was a new one and that pipeline were being laid only now, Thennarasu said in a statement on Monday. Such projects are taken up after getting consent from farmers by providing them higher compensation, Thennarasu said.