Baba Ramdev’s Patanjali Raises Bid Value to Rs 4350 Crore to Take Over Ruchi Soya

… bidder in August last year after a long drawn battle with Patanjali, has withdrawn from the race citing delay in completion of the insolvency process. from Google Alert – Insolvency https://ift.tt/2udTpaZ File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NCLAT warns RCom may land back in insolvency unless dues are cleared

Having failed to recover a whopping Rs 37,000 crore from sales of assets of Reliance Communications (RCom), which filed for bankruptcy last month, … from Google Alert – Insolvency https://ift.tt/2TK55jR File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

RBI defends Feb 12 circular in SC, says no plan submitted by companies yet

On February 6, the power companies had told the top court that the circular asking banks to move insolvency petitions against large non-performing … from Google Alert – Insolvency https://ift.tt/2JaVEpK File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Bank of Maharashtra to auction Videocon plant in Tamil Nadu

Videocon Industries, which has a debt burden of around Rs 20,000 crore, is undergoing insolvency proceedings at the National Company Law … from Google Alert – Insolvency https://ift.tt/2TK4Oxl File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Baba Ramdev’s Patanjali raises bid value to Rs 4350 cr to take over Ruchi Soya

In December 2017, Indore-based Ruchi Soya Industries was referred for the Corporate Insolvency Resolution Process. Shailendra Ajmera was … from Google Alert – Insolvency https://ift.tt/2TAt7yJ File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

India: Banking & Finance – Legal Milestones In 2018 And A Look Ahead

Significant court decisions and amendments to the Insolvency and Bankruptcy Code, 2016 (IBC) during the year have also kept promoters, borrowers … from Google Alert – Insolvency https://ift.tt/2F1KRZF File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

India: Corporate – Legal Milestones In 2018 And A Look Ahead

Some key amendments to the e-commerce policy, Companies Act 2013 and the Insolvency and Bankruptcy Code were introduced in 2018. from Google Alert – Insolvency https://ift.tt/2TC5sOc File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

MCA re-constitutes Insolvency Law Committee as Standing Committee for review of …

New Delhi, Mar 13 (KNN) The Ministry of Corporate Affairs (MCA) has re-constituted the Insolvency Law Committee as Standing Committee for review … from Google Alert – Insolvency https://ift.tt/2EVMs36 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Bank of Maharashtra to auction Videocon Industries’ plant in Tamil Nadu

Videocon Industries, which has a debt burden of around Rs 20,000 crore, is currently undergoing insolvency proceedings at the National Company … from Google Alert – Insolvency https://ift.tt/2Hi6nNs File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Public Sector Bank initiates insolvency proceedings against State Trading Corporation

While several insolvency applications have been filed against Public Sector Undertakings in the recent past, but none was admitted barring West … from Google Alert – Insolvency https://ift.tt/2TFKD3P File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

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