In 2020 Abu Dhabi’s largest healthcare provider NMCHealthcare founded by India-born entrepreneur B.R. Shetty collapsed after undisclosed debt running into billions of dollars was reportedly uncovered ....
National Medical Commission (NMC) has filed a statement before high court in a petition ... It submitted that the authority to prescribe the duration of a medical course is vested exclusively in the NMC.
Bank of Baroda has agreed to pay $600 million (about Rs 5,700 crore) to the administrators of the collapsed West Asian healthcare group NMCHealth in an out-of-court settlement that brings to a close ...
The fallout triggered one of the most complex insolvency cases spanning multiple jurisdictions, with administrators seeking recoveries for creditors from a range of parties.Among those drawn into the legal battle were NMC founder Dr B.R.