The Madnani File

Timeline

31 dated entries, newest first. Every entry links to the source it came from.

  1. The discontinuance is announced in open court. NUPRC does not object.Nairametrics

    OML 42: a company from his record at the centre of a billion-dollar receivership fight

  2. Kalrock Capital Management Ltd is dissolved, fifteen months after the Supreme Court of India ordered Jet Airways into liquidation.Companies House

    Kalrock's British company: Fritsch in control, Ponzellini on the board, and no Madnani

  3. Neconde signs a notice of discontinuance against NUPRC.Nairametrics

    OML 42: a company from his record at the centre of a billion-dollar receivership fight

  4. Neconde and five co-plaintiffs ask the Federal High Court in Abuja to restrain NUPRC from allowing charge holders to disrupt OML 42 operations.Nairametrics

    OML 42: a company from his record at the centre of a billion-dollar receivership fight

  5. ThisDay reports that Justice Dehinde Dipeolu has frozen the bank accounts, shares and assets of Nestoil and Neconde over claims exceeding USD 1.01 billion and NGN 430 billion.ThisDay

    OML 42: a company from his record at the centre of a billion-dollar receivership fight

  6. Ex parte motion filed by FBNQuest Merchant Bank and First Trustees. The same day, NUPRC issues the letter that Neconde would later challenge.ThisDay / Nairametrics

    OML 42: a company from his record at the centre of a billion-dollar receivership fight

  7. Alvarium Kalrock LLP is dissolved.Companies House

    Kalrock's British company: Fritsch in control, Ponzellini on the board, and no Madnani

  8. The Supreme Court of India orders the liquidation of Jet Airways and rejects the NCLAT's approval of the takeover.Business Standard

    Jet Airways: Madnani at the Kalrock board, and the collapse of the Jalan-Kalrock bid

  9. At an NCLAT hearing, the Committee of Creditors questions JKC's source of funds and ASG N Venkatraman alleges the money deposited could have been laundered. JKC's counsel Krishnendu Dutta denies the allegations.New Indian Express

    Jet Airways: Madnani at the Kalrock board, and the collapse of the Jalan-Kalrock bid

  10. BW Businessworld reports that the Liechtenstein Supreme Court has rejected an appeal to release assets frozen in the Fritsch investigation · seven Porsches, five Rolexes and a car simulator valued at up to USD 214,000.BW Businessworld

    Jet Airways: Madnani at the Kalrock board, and the collapse of the Jalan-Kalrock bid

  11. Kalrock Real Estate LLP is dissolved.Companies House

    Kalrock's British company: Fritsch in control, Ponzellini on the board, and no Madnani

  12. A Deed of Charge is executed. The Senior Lenders later argue it was registered against Nestoil Limited only, not against Neconde.ThisDay

    OML 42: a company from his record at the centre of a billion-dollar receivership fight

  13. Florian Fritsch is notified to Companies House as the person with significant control over Kalrock Capital Management Ltd.Companies House

    Kalrock's British company: Fritsch in control, Ponzellini on the board, and no Madnani

  14. The Milan Court of Appeal acquits Ponzellini of criminal conspiracy; the corruption offence expires under the statute of limitations.Wikipedia (Italian), citing the appeal judgment

    Kalrock's British company: Fritsch in control, Ponzellini on the board, and no Madnani

  15. The docket records the case as terminated.CourtListener docket

    Minnesota: Nubai Global Investment Limited v. Clarke

  16. Nubai Global Investment Limited files suit against Thomas Clarke in the District of Minnesota, docket 0:18-cv-02228.CourtListener docket

    Minnesota: Nubai Global Investment Limited v. Clarke

  17. A Milan court convicts Ponzellini on one count of private corruption and sentences him to eighteen months.FIRSTonline

    Kalrock's British company: Fritsch in control, Ponzellini on the board, and no Madnani

  18. Ponzellini resigns, after three months and nineteen days.Companies House

    Kalrock's British company: Fritsch in control, Ponzellini on the board, and no Madnani

  19. Massimo Ponzellini and Igor Starha are appointed directors of Kalrock Capital Management Ltd. Ponzellini is at this date four years into a criminal prosecution in Milan.Companies House

    Kalrock's British company: Fritsch in control, Ponzellini on the board, and no Madnani

  20. Neconde Energy obtains a USD 640 million syndicated loan under a Senior Secured Medium-Term Facility Agreement.ThisDay

    OML 42: a company from his record at the centre of a billion-dollar receivership fight

  21. The Kulczyk Investments S.A. directorship is recorded as resigned.Companies House

    Companies House: two officer records, one name, two dates of birth

  22. The Kulczyk Investments directorship is recorded as resigned, two days after Kulczyk's death.Companies House

    Aurelian: on both sides of the table, and a board cleared in a single day

  23. Jan Kulczyk, founder and owner of Kulczyk Investments, dies in Vienna aged 65.Bloomberg

    Aurelian: on both sides of the table, and a board cleared in a single day

  24. Aurelian files its group accounts for the year ended 31 December 2012 at Companies House, naming NDM Madnani among the directors and recording a net loss of €101.3 million.Companies House

    The year of the €101.3 million loss

  25. That director resigns from Aurelian Oil & Gas Limited.Companies House

    Companies House: two officer records, one name, two dates of birth

  26. San Leon Energy completes its acquisition of the Aurelian group by scheme of arrangement. Ten Aurelian directors resign the same day, Madnani among them; three are appointed.Companies House / MarketScreener

    Aurelian: on both sides of the table, and a board cleared in a single day

  27. Flintree Holdings Limited is incorporated in the British Virgin Islands.ICIJ Offshore Leaks Database

    Pandora Papers: Madnani listed as beneficial owner of a BVI company

  28. A director named Narenderkumar Dharamveer Manoj Madnani, date of birth November 1972, is appointed to Aurelian Oil & Gas Limited.Companies House

    Companies House: two officer records, one name, two dates of birth

  29. Madnani is appointed a director of Aurelian Oil & Gas Limited, while the Kulczyk directorship is running.Companies House

    Aurelian: on both sides of the table, and a board cleared in a single day

  30. A director named Narenderkumar Dharamveer Manoj Madnani, date of birth November 1970, is appointed to Kulczyk Investments S.A.Companies House

    Companies House: two officer records, one name, two dates of birth

  31. A director of this full legal name is appointed to Kulczyk Investments S.A.Companies House

    Aurelian: on both sides of the table, and a board cleared in a single day