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Total 336 results found. Search for [ resolution proceedings ]

Results 120 to 140 of 336
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.


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.


Devesh Juvekar and Dikshat Mehra
New Delhi, April 17, 2018
Government's efforts to improve India's rank on the index of ease of doing business and ease of dispute resolution are aimed at improving the business climate of the country.


BusinessToday.In
April 17, 2018
HDFC Bank continues to retain the top slot with a market cap of Rs 5.03 lakh crore. As per BSE data, Kotak Mahindra Bank's market cap stands at Rs 2.24 lakh crore, compared to SBI's Rs 2.23 lakh crore.


PTI
April 16, 2018



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.


BusinessToday.In
April 16, 2018
Days after Supreme Court refused to allow out-of-court deal for debt-laden Binani Industries, Aditya Birla Group's UltraTech Cement has sweetened its offer by another Rs 700 crore to Rs 7,990 crore.


PTI
New Delhi, April 15, 2018
Lakshadeep Pvt Ltd has offered Rs 1,200 crore in cash to the banks, Rs 4,000 crore of land parcel and the rest in form of long-term non-convertible debentures in the insolvency auction. A small equity stake to lenders is also part of the offer.


PTI
April 15, 2018



BusinessToday.In
New Delhi, April 13, 2018
UltraTech's board had earlier agreed to issue a 'comfort letter' to provide the above-mentioned amount in return for 98.43 per cent stake in Binani Cement provided the company came out of insolvency proceedings.


PTI
New Delhi, April 12, 2018
JSW Steel led consortium has won the bid to acquire bankrupt Monnet Ispat and Energy Ltd (MIEL) in an insolvency auction.


PTI
April 12, 2018



PTI
April 11, 2018



Niti Kiran
New Delhi, April 10, 2018
Minister of State for Finance Shiv Pratap Shukla in a written reply in the Lok Sabha revealed that as of December 2017, 2,108 FIRs were registered against wilful defaulters.


BusinessToday.In
New Delhi, April 10, 2018
Lenders of Binani Cement are meanwhile looking forward to April 13, when the Supreme Court is scheduled to hear Binani Industries' petition.


PTI
New Delhi, April 8, 2018
Dalmia Cement is confident that its Rs 6,350 crore offer to buy Binani Cements Ltd (BCL) will be approved by the NCLT on the back of NCLAT directions to proceed the insolvency resolution as per the IBC, according to a top company official.


Mail Today Bureau
April 3, 2018
In the first round, NuMetal and ArcelorMittal were the only two parties that had bid to take over Essar Steel but the insolvency resolution professional overseeing the auction was advised to reject both the bids owing to their promoters being linked to defaulter companies.


PTI
April 2, 2018



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