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Total 335 results found. Search for [ resolution proceedings ]

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PTI
May 17, 2018



PTI
New Delhi, May 16, 2018
If the amount is not submitted by June 15, statutory proceedings against Jaypee Infra, which has been facing insolvency proceedings, will begin, said the chief justice bench, which also comprised Justices A M Khanwilkar and D Y Chandrachud.


PTI
May 15, 2018



PTI
May 15, 2018
The National Company Law Appellate Tribunal (NCLAT) made the remarks while hearing an application filed by UltraTech in the Binani Cement insolvency matter.


BusinessToday.In
New Delhi, May 14, 2018
The Sensex closed about 21 points higher today after early gains were erased due to a sell-off by participants ahead of the outcome of Karnataka assembly elections. Disappointing macroeconomic data added to the cautious mood, brokers said. Results of the Karnataka elections will be declared tomorrow, with most exit polls indicating a tight race between the ruling Congress and the BJP.The Sensex, after a better start at 35,555.83, advanced to hit a high of 35,642 amid positive cu...


BusinessToday.In
May 14, 2018
The Sensex, after a better start at 35,555.83, advanced to hit a high of 35,642 amid positive cues from other Asian bourses. However, emergence of selling at every rise wiped off initial gains and the index finally settled 20.92 points, or 0.06 per cent higher at 35,556.


PTI
May 13, 2018



BusinessToday.In
New Delhi, May 11, 2018
Gaur's revival plan includes cash, land parcels, and equity to lenders through instruments, which could cover JIL's outstanding debt of Rs 9,800 crore. This resolution plan is over 25 per cent higher than bid made by Lakshadeep Pvt Ltd under the insolvency proceedings.


BusinessToday.In
New Delhi, May 11, 2018
The stage now seems set for another protracted battle. Atul Daga, chief financial officer, UltraTech Cement, says his company has already approached the RP to hold a CoC meet as early as possible to \"close\" the insolvency resolution process as Dalmia Bharat's allegations were \"baseless\".


BusinessToday.In
May 8, 2018
The choice facing the Committee of Creditors (CoC) of the beleaguered Jaypee Infratech Ltd (JIL) today is reportedly between a haircut of Rs 230 crore and one of Rs 2,800 crore, and the ball will likely be passed to the Supreme Court.


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
April 29, 2018



PTI
April 27, 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 24, 2018



PTI
April 22, 2018



BusinessToday.In
April 20, 2018
The dispute between Finnish telecom firm Nokia and the Income Tax Department - one of the biggest involving a multinational company - has finally been settled.


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