Committee of Creditors

Amtek: SC allows fresh resolution

Amtek: SC allows fresh resolution

Mumbai: The resolution process for Amtek Auto will be started all over again with Supreme Court allowing the resolution profession (RP) a...Read More

NCLAT annuls Jaypee Infratech’s lenders voting of

NCLAT annuls Jaypee Infratech’s lenders voting of

New Delhi: The National Company Law Appellate Tribunal (NCLAT) Friday annulled voting by committee of creditors on state-owned NBCC’s bid...Read More

NCLAT annuls lenders’ voting on NBCC’s bid to acquire Jaypee Infratech

NCLAT annuls lenders’ voting on NBCC’s bid to acquire Jaypee Infratech

New Delhi: The National Company Law Appellate Tribunal (NCLAT) Friday annulled voting by committee of creditors on state-owned NBCC’s bid...Read More

NCLAT refuses to stay voting by Jaypee Infra creditors’ panel

NCLAT refuses to stay voting by Jaypee Infra creditors’ panel

New Delhi: The NCLAT Tuesday refused to stay voting by the creditors’ panel of Jaypee Infratech on the revised offer of state-owned NBCC ...Read More

StanChart slams Essar CoC for holding ‘secret’ talks with ArcelorMittal

StanChart slams Essar CoC for holding ‘secret’ talks with ArcelorMittal

New Delhi: Standard Chartered Bank (StanChart) on Tuesday slammed Essar Steel’s Committee of Creditors (CoC) for holding “secret” negotia...Read More

NBCC won’t dilute conditions for Jaypee Infratech

NBCC won’t dilute conditions for Jaypee Infratech

New Delhi: NBCC Monday decided against diluting certain conditions, including exemption from tax liability, in its revised offer for debt...Read More

Jaypee Infratech Committee of Creditors seeks clarifications from NBCC over its bid

Jaypee Infratech Committee of Creditors seeks clarifications from NBCC over its bid

New Delhi: Lenders of Jaypee Infratech Thursday sought clarifications from NBCC on various relief measures and concession proposed by the...Read More

NBCC gets government approvals for revised Jaypee Infratech offer

NBCC gets government approvals for revised Jaypee Infratech offer

New Delhi: State-owned NBCC Ltd has received go-ahead from government departments on its revised offer to acquire debt-ridden Jaypee Infr...Read More

Jaypee Infratech buyout race picks up

Jaypee Infratech buyout race picks up

New Delhi: As the May 6 deadline approaches to resolve the Jaypee Infratech Ltd (JIL) insolvency case, the battle to acquire the debt-lad...Read More

JSW gets 90% lenders backing to bid for Bhushan Power and Steel

JSW gets 90% lenders backing to bid for Bhushan Power and Steel

New Delhi :  JSW Steel’s Rs 19,700 crore offer for debt-laden Bhushan Power and Steel (BPSL) has been backed by around 90 per cent of len...Read More

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Alok creditors okay RIL acquisition bid

New Delhi : Majority of lenders of textiles firm Alok Industries have approved Reliance Industries’ resolution plan to acquire the debt r...Read More

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Patanjali gets time till June 16 to sweeten Ruchi Soya bid

New Delhi : Baba Ramdev’s Patanjali Ayurved, which is in race to acquire bankruptcy-bound Ruchi Soya, has been given time till June 16 to...Read More

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Now, home buyers to be treated as financial creditors

New Delhi : Home buyers will now be recognised as financial creditors under the insolvency law, with the government promulgating an ordin...Read More

Binani Cement CoC votes in favour of UltraTech Rs 7,960-crore offer

Binani Cement CoC votes in favour of UltraTech Rs 7,960-crore offer

Kolkata: The Committee of Creditors (CoC) of Binani Cement today voted in favour of UltraTech Cement’s Rs 7,960-crore offer. UltraTech Ce...Read More

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UltraTech bid gets thumbs-up from Binani lenders

Mumbai  : The committee of creditors (CoC) for Binani Cement on Monday voted in favour of accepting UltraTech Cement’s Rs 7,950 crore bid...Read More

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Bhushan seeks 90 days extension to file results

New Delhi : Debt-ridden Bhushan Steel has sought 90 days extension to file its audited financial results for the quarter and year ended M...Read More

Amendments to insolvency code get Cabinet approval

Amendments to insolvency code get Cabinet approval

Move to make recoveries easier for NPA-hit lenders

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Binani CoC may discuss UltraTech offer tomorrow

Kolkata : The Binani Committee of Creditors (CoC) is likely to meet on May 9 and discuss the revised bid of UltraTech Cement valued at ar...Read More

Arcelor may pay off Uttam Galva dues

Arcelor may pay off Uttam Galva dues

Montataire (France) : ArcelorMittal, the world’s largest steel maker, on Thursday asserted that its bid for debt-laden Essar Steel is “el...Read More

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Binani CoC told to consider revised UltraTech offer

Kolkata : The National Company Law Tribunal (NCLT) on Wednesday asked the Committee of Creditors (CoC) of debt-ridden Binani Cement to co...Read More

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