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Total 134 results found. Search for [ Ruias ]

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PTI
May 21, 2019



PTI
May 21, 2019
A two-member bench headed by Chairman Justice S J Mukhopadhaya asked all parties, including ArcelorMittal, to file their written submissions over their submissions by Wednesday


PTI
May 21, 2019



PTI
May 20, 2019



PTI
May 20, 2019
Global steel major ArcelorMittal Monday told the National Company Law Appellate Tribunal (NCLAT) that it would pay Rs 42,000 crore, including a minimum of guarantee of Rs 2,500 crore as working capital, for acquiring debt-laden Essar Steel under the insolvency process.


PTI
May 20, 2019



BusinessToday.In
May 8, 2019
Essar Steel Asia Holdings Ltd (ESAHL), which owns a 72% stake in the beleaguered company, alleged that L.N. Mittal, ArcelorMittal's chairman and CEO, had suppressed vital facts that would otherwise render him ineligible for bidding under Section 29A of the Insolvency and Bankruptcy Code (IBC)


BusinessToday.In
April 29, 2019
The bank had invoked the personal guarantees worth Rs 15,000 crore of the promoters about 6-8 months ago and on Monday it filed a recovery suit against them before the Debt Recovery Tribunal, Ahmedabad


Team BT
New Delhi, April 16, 2019
The good and the bad of Modi government's economic performance.


PTI
New Delhi, March 10, 2019
At present some banks like Kotak Mahindra, Yes Bank, RBL Bank and Singaporean lender DBS Bank pay higher interest to the tune of 5-6 percent on savings deposits regardless of the balance, while SBI, HDFC Bank, and ICICI Bank pay 4 percent per annum.


BusinessToday.In
March 8, 2019
Approving the takeover bid by ArcelorMittal, the NCLT suggested Essar Steel's creditors to reconsider distribution of dues in order to give 15 per cent of total offer to operational creditors.


PTI
New Delhi, February 28, 2019
NCLAT bench has told that if the Ahmedabad bench of National Company Law Tribunal fails to pass an order by this deadline, it would call records and pass an order.


Nevin John
New Delhi, February 5, 2019
The Ruias may well end up as a benchmark of how business shouldn't be conducted by families desperate to retain control.


PTI
New Delhi, January 30, 2019
The Ahmedabad bench comprising adjudicating authority Manorama Kumari and Harihar Prakash Chaturvedi said the Rs 54,389-crore bid by Essar Steel Asia Holding, which is much higher than the winning bid by ArcelorMittal's Rs 42,000 crore, is not maintainable as the only way to make a proposal is through Section 12A.


BusinessToday.In
New Delhi, January 25, 2019
The top court quashes a clutch of petitions that challenged provisions of three-year-old law, including barring promoters from bidding for stressed assets.


PTI
January 22, 2019



PTI
January 17, 2019
SBI said the resolution plan for the recovery of non-performing asset (NPA) has been approved and filed in NCLT Ahmedabad, according to which the minimum recovery to the bank is Rs 11,313.42 crore.


Nevin John
New Delhi, January 8, 2019
Essar Steel's next hearing in NCLT is on January 31


Nevin john
New Delhi, January 7, 2019
How it became India's fourth most valuable group and what it is doing to stay on top.


PTI
December 17, 2018



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