NCLT allows insolvency proceedings against Essar Power Jharkhand
The principal bench of NCLT has appointed an interim resolution professional (IRP) to manage the affairs of the company, according to an order.....»»
NCLT allows insolvency proceedings against Essar Power Jharkhand
The principal bench of NCLT has appointed an interim resolution professional (IRP) to manage the affairs of the company, according to an order.....»»
Insolvency proceedings: Uttam Galva Steels asks lenders for counter-offer
If Uttam Galva's dues are paid, it could smoothen ArcelorMittal's bid for Essar Steel.....»»
Fresh Expressions of Interest invited for ABG Shipyard under IBC
ABG Shipyard is undergoing insolvency proceedings under the Insolvency and Bankruptcy Code(IBC, 2016) as per the orders of NCLT.....»»
Insolvency: Liberty House offers over Rs 260 bn for Bhushan Power
The NCLT has asked Bhushan Power lenders, led by PNB, to consider the bid submitted by Liberty House for the debt-ridden company.....»»
Ericsson-RComm dispute: NCLT reserves order on insolvency proceedings
Ericsson India has filed petitions against RComm, Reliance Infratel and Reliance Telecom with the total claims against the three firms at Rs 9.8 billion.....»»
Working "very closely" with L N Mittal on Arcelor"s future plan: Son Aditya
ArcelorMittal is in the race to acquire debt-laden Essar Steel which is undergoing insolvency proceedings.....»»
German restaurant chain Vapiano opens insolvency proceedings
German restaurant chain Vapiano SE on Friday said it had opened insolvency proceedings and would apply for government assistance programs to avoid bankruptcy, blaming the corona crisis for a further drop in sales......»»
India"s NCLT OKs ArcelorMittal"s Resolution Plan For Essar Steel
India"s NCLT OKs ArcelorMittal"s Resolution Plan For Essar Steel.....»»
Essar Steel sale: Numetal moves NCLAT against NCLT; Arcelor writes to SBI
Numetal may also bring up the issue of apprehension of its bid being rejected by the CoC later.....»»
Insolvency: Numetal moves NCLAT against NCLT; ArcelorMittal writes to SBI
Numetal may also bring up the issue of apprehension of its bid being rejected by the CoC later.....»»
NCLT questions Monnet Ispat"s liquidation value of Rs 23.65 billion
The RP had appointed Knight Frank and RBSA Advisors as the valuation experts in the insolvency and bankruptcy case.....»»
BHEL, L&T among contractors seeking dues from Visa Power"s insolvency
The team handling the resolution of Visa Power, however, has expressed concern that the sale of the company will not generate enough revenue to pay the pending dues of contractors.....»»
Insolvency row: NCLT stays Union Bank"s plea against debt-ridden Era Infra
The tribunal has allowed the parties to file their written submission before it, if they want to, within next two days.....»»
Binani insolvency: UltraTech cites order on Bhushan, Dalmia rebuts plea
Dalmia Bharat, the top bidder for Binani Cement, said the two cases were different and the NCLT Delhi's order had no bearing on the matter.....»»
Insolvency proceedings: DCHL resolution professional admits Rs 79 bn claims
Canara Bank had filed an application in May 2017, requesting the tribunal to initiate insolvency resolution against the company.....»»
Essar Steel sale: Lenders may give time to Arcelor, Numetal to rectify bids
Committee of creditors (CoC) for Essar Steel to take call on bids after order by Ahmedabad bench of the National Company Law Tribunal (NCLT).....»»
Insolvency: JSW writes to CoC on inviting fresh bids for Essar Steel
JSW's pitch for a fresh round of bids is based on the premise of maximisation of value.....»»
NCLT asks Bhushan Steel creditors to consider Liberty House bid
The National Company Law Tribunal (NCLT) today asked the lenders of Bhushan Power & Steel, led by PNB, to consider the bid submitted by UK-based Liberty House for the debt-ridden company. Allowing the plea of Liberty House, the tri.....»»
NCLT ruling on Bhushan Power & Steel boosts UltraTech plea for Binani
The recent order by NCLT Delhi in the Bhushan Power & Steel case admitting a bid after completion of the bidding date, has made the case stronger for UltraTech Cement, which lost out to Dalmia Bharat Cement in the race for .....»»
Insolvency: Creditors" role in Binani Cement bidding under scanner
NCLT Kokata Bench seeks to know if CoC could have modified its process document to consider UltraTech Cement's resolution plan.....»»