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Total 307 results found. Search for [ resolution proceedings ]

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PTI
March 25, 2018



PTI
March 23, 2018



BusinessToday.In
March 23, 2018
Judging by recent developments in the insolvency journey of Binani Cement, one may think that go-ahead from a stressed asset's Committee of Creditors (CoC) does not mean much. But Tata Steel might have better luck in its attempt to acquire the debt-laden Bhushan Steel Ltd under the Insolvency and Bankruptcy Code.


Reuters
New Delhi, March 23, 2018
The Committee of Creditors of Bhushan Steel had on Thursday declared salt-to-software conglomerate Tata Group's steel business as the successful resolution applicant, subject to obtaining necessary regulatory approvals, Tata Steel said in a stock exchange filing.


PTI
March 22, 2018



PTI
New Delhi, March 22, 2018
UltraTech has announced to acquire BCL by providing Rs 7,266 crore toits parent company Binani Industries Ltd (BIL) against bid of Rs 6,350crore along with 20 per cent equity in BCL by Rajputana Properties, apart of Dalmia Bharat group, approved by the resolution professional.


PTI
March 21, 2018



BusinessToday.In
New Delhi, March 21, 2018
Last month, the RBI completely revamped the NPA resolution framework. It not only ditched all its past schemes for dealing with bank bad loans but also implemented stricter timelines for implementation of resolution plans.


Mail Today Bureau
March 20, 2018
The move comes just days after rival Dalmia Cement said its Rs 6,350 crore bid to buy Binani Cements Ltd (BCL) has been accepted by the lenders.


BusinessToday.In
New Delhi, March 19, 2018
In a regulatory filing on Monday, Binani Industries Ltd (BIL) board decided to move the National Company Law Tribunal (NCLT) to terminate the insolvency proceedings commenced against its subsidiary BCL.


Abraham c. Mathews
NA, March 19, 2018
The economic cost of judicial delays is colossal. But the problem is not unsolvable.


PTI
New Delhi, March 17, 2018
The order follows a probe by Sebi (Securities and Exchange Board of India) into alleged delay in disclosure about Rs 450 crore income tax demand and about sale of some shares by a top company executive over four years ago.


PTI
March 15, 2018



PTI
New Delhi, March 15, 2018
With opposition and government differing over contours of debate on thebiggest bank fraud, Vice President M Venkaiah Naidu on Thursday saidParliament should function to debate on the larger issue of frauds,damage they cause to the country's image and doubts created overbanking system.


Nevin John
New Delhi, March 13, 2018
The lenders and the National Company Law Tribunal (NCLT) await theBombay High Court's green signal to start insolvency proceedingsagainst Videocon Industries, while chairman Venugopal Dhoot and histeam scout for buyers for the group's overseas hydrocarbon assets.


PTI
March 13, 2018



PTI
March 9, 2018



Nevin John
New Delhi, March 8, 2018
The creditors have chosen Tata Steel and UK-based Liberty House for running the bankrupt companies Bhushan Steel and Amtek Auto, respectively.


PTI
March 8, 2018



PTI
March 7, 2018



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