ArcelorMittal gets NCLAT’s conditional nod for Rs 42000 cr Essar Steel bid

The two member bench of the NCLAT has also asked the Insolvency and Bankruptcy Board of India (IBBI) to submit an affidavit detailing how much the … from Google Alert – Insolvency https://ift.tt/2HpWeyh File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Hotel Leela Venture To Sell Five Properties To Brookfield For Rs 3950 Crore

Last month, JM Financial filed an insolvency petition against Hotel Leela Venture with the Mumbai bench of the National Company Law Tribunal. from Google Alert – Insolvency https://ift.tt/2Ob6smB File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NCLAT gives conditional nod to ArcelorMittal’s resolution plan for Essar Steel

… the Appellate Tribunal today also directed the Insolvency and Bankruptcy Board of India to file an affidavit stating the average payment received by a … from Google Alert – Insolvency https://ift.tt/2Y89vAH File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NCLAT Denies Stay On ArcelorMittal’s Takeover Of Essar Steel

The appellate tribunal refused to stay the National Company Law Tribunal's order approving ArcelorMittal's bid to take over insolvent Essar Steel Ltd. from Google Alert – Insolvency https://ift.tt/2W7twFn File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

IBC is masterstroke in curbing bad loans; now iron out these wrinkles

The two laws, Insolvency and Bankruptcy Code (IBC) and the RBI's Revised Framework for Resolution of Stressed Assets (RFRSA), however, have … from Google Alert – Insolvency https://ift.tt/2Jk8qSP File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Rights of Preference Shareholders under the Insolvency and Bankruptcy Code, 2016

In India, there are so many companies which are under the Insolvency and Bankruptcy Code (IBC) and where the shareholders are thinking that to get … from Google Alert – Insolvency https://ift.tt/2WcxlJL File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

A Debate Reignited – Whether ‘Interest’ on Delayed Payment Constitutes ‘Debt’ for IBC

The National Company Law Tribunal (NCLT) (Kolkata Bench) admitted Eastern Coalfields Ltd. to Corporate Insolvency Resolution Process (CIRP) for … from Google Alert – Insolvency https://ift.tt/2CpFcfz File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Banks weigh options to end Essar Steel insolvency proceedings

Creditors to Essar Steel are weighing three options, one of which might be put before an appellate bankruptcy court on Monday, as they seek to draw … from Google Alert – Insolvency https://ift.tt/2FjiGXo File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

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