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Total 285 results found. Search for [ bankruptcy tribunal ]

Results 80 to 100 of 285
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.


PTI
May 9, 2018



PTI
May 7, 2018



PTI
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.


PTI
May 3, 2018



BusinessToday.In
May 3, 2018
The protracted battle to acquire Binani Cement is set for another showdown. The Kolkata bench of the National Company Law Tribunal (NCLT) on Wednesday asked the committee of creditors (CoC) of Binani Cement to evaluate a revised offer by UltraTech Cement Ltd.


PTI
May 1, 2018



PTI
April 25, 2018



BusinessToday.In
April 25, 2018
A year ago, some researchers had estimated that India would need about 80 benches over five years. Currently, there are total 10 benches that hear company law matters and bankruptcy cases.


PTI
April 23, 2018



PTI
April 22, 2018



PTI
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).


BusinessToday.In
New Delhi, April 20, 2018
Both the petitioners, Numetal and ArcelorMittal, welcomed the verdict for the prize is a big one, despite the fact that Essar Steel boasts the third biggest debt pile (over Rs 44,000 crore) among the initial 12 companies identified by the RBI for insolvency proceedings.


BusinessToday.In
April 20, 2018
Alok Industries will soon be heading towards liquidation. The textile company, which did not get any suitable bidder within the 270-day period stipulated under the Insolvency and Bankruptcy Code (IBC), is likely to let go of about 12,000 permanent jobs.


PTI
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.


PTI
April 17, 2018



Dipak Mondal
April 17, 2018
The National Company Law Tribunal (NCLT) has approved Vedanta's resolution plan for Electrosteel Steels, one of the 12 large corporate defaulters referred to it by the Reserve Bank of India (RBI).


Dipak Mondal
New Delhi, April 16, 2018
Promoters who default are taking advantage of new IBC provisions and misusing them to escape action under older laws.


BusinessToday.In
April 16, 2018
RIL-JM Financial ARC was the sole bidder and its initial offer of Rs 4,950 crore on April 12 had reportedly been rejected by 30 per cent of the CoC on the grounds that it was too low.


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