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May 23, 2018

New Delhi, May 23, 2018
The committee also rejected the recommendation under the section 29A for disqualification for MSMEs. The MSMEs (Micro Small and Medium Enterprises) will now be exempted from all conditions under the Section 29 of the IBC. Under Section 29 of the IBC Act, a person or a company suffering disqualification can't participate in the resolution process.
May 20, 2018

New Delhi, May 19, 2018
Tata Steel Ltd has won the bid to acquire debt-laden Bhushan Steel Ltd (BSL) in an insolvency auction. The bankrupt firm was among the 12 stressed assets the RBI had referred to NCLT proceedings last year.
May 19, 2018
May 18, 2018
May 18, 2018

Nevin John
New Delhi, May 15, 2018
JSW Steel comes back from the brink and is now ready to face the challenges.
May 14, 2018
May 14, 2018
May 13, 2018

Nevin John
New Delhi, May 9, 2018
India-born British industrialist Sanjeev Gupta plans to invest $10 billion (Rs 67,500 crore) in the Indian market in the next couple of years, including for buying bankrupt assets in steel and auto.

New Delhi, May 6, 2018
A group of home buyers of bankruptcy-hit Jaypee Infratech has written to IRP Anuj Jain that the interests of thousands of people who booked flats in Jaypee Wishtown project in Noida should be protected while finalising any resolution plan.

Ajita Shashidhar
New Delhi, April 26, 2018
There is an imminent cash crunch in the economy now, small town India never really recovered from demonetisation, and it had to deal with GST, Manpasand Beverages Chairman Dhirendra Singh says in conversation with Business Today.

New Delhi, April 27, 2018
The CBI has also booked top officials of two public sector banks, a former CMD of IDBI Bank.

Nevin John
New Delhi, April 25, 2018
The new round of bid will see larger bids since it will be the last chance to win the battle. In addition, the bids may go up the size of over Rs 35,000 crore, when Essar's loans stands at around Rs 45,000 crore.
April 24, 2018
April 22, 2018

Nevin John
April 20, 2018
It's tough to conclude the resolution process in at least half of the 12 big loan defaulters within the 270 days time frame allowed under the Insolvency and Bankruptcy Code (IBC).

New Delhi, April 19, 2018
Pronouncing its order today, the National Company Law Tribunal noted that certain provisions of the IBC were not followed by the committee of creditors and the RP while disqualifying both the bids earlier.

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