“If you don't pay we will vacate the order (staying insolvency proceedings) and ask for insolvency,” National Company Law Appellate Tribunal … from Google Alert – Insolvency https://ift.tt/2TCOGyr File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
The NCLAT observed that the insolvency plea against RCom cannot commence until the settlement with Ericsson attains finality. “Entire due amount … from Google Alert – Insolvency https://ift.tt/2EVmr43 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
In 2018, SBI had filed an insolvency plea against the company in the Kolkata bench of the National Company Law Tribunal. This is the third time SBI is … from Google Alert – Insolvency https://ift.tt/2TNC8DC File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
… to complete Teesta VI hydropower project years after the initial builder – Lanco Teesta Hydro Power Ltd (LTHPL) – went into insolvency and the 500 … from Google Alert – Insolvency https://ift.tt/2CiaBjN File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
Government of India is contemplating introducing the concept of pre-packaged insolvency schemes, similar to the practice prevalent in Unites States … from Google Alert – Insolvency https://ift.tt/2VX5RHV File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
March 12 (Reuters) – Inkemia IUCT Group SA: * SAID ON MONDAY THE BOARD HAD DECIDED TO FILE FOR PRE-INSOLVENCY PROCEEDINGS … from Google Alert – Insolvency https://ift.tt/2T1BZbo File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
“This step has been taken keeping in view the increasing case load, especially under the Insolvency and Bankruptcy Code 2016, "said a government … from Google Alert – Insolvency https://ift.tt/2TLaKWX File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
We are keen to bid for it as and when the expression of interest is issued by the insolvency professional,” said NHPC chairman and MD Balraj Joshi. from Google Alert – Insolvency https://ift.tt/2UsafOM File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
We are confident that the banks, NCLT (the insolvency tribunal) and all other government agencies will work together to facilitate a successful … from Google Alert – Insolvency https://ift.tt/2HuhzFF File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
But the NCLT rejected the offer citing Section 12A of the insolvency law. “We continue to believe that our settlement proposal of Rs 54,389 crore is the … from Google Alert – Insolvency https://ift.tt/2Hfl6IS File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH
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