SBI gave false hope on RCom sale to Reliance Jio: NCLAT pulls up India’s largest bank

The NCLAT had earlier halted insolvency proceedings against RCom after the case was admitted by the Mumbai bench of National Company Law … from Google Alert – Insolvency https://ift.tt/2u3umqV File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

HSBC Daisy moves Supreme Court in Anil Ambani, Reliance Infratel’s Rs 230 crore default case

It said that by reviving the insolvency process, the Ambani firm wants to avoid its payment obligations. The NCLT, Mumbai, in its interim order of March … from Google Alert – Insolvency https://ift.tt/2JkSlfR File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Key stakeholders point to chinks in Insolvency and Bankruptcy Code

Mumbai: Now that two years have passed since the first major acquisitions under Insolvency and Bankruptcy Code (IBC), several players—buyers, … from Google Alert – Insolvency https://ift.tt/2TLBCGc File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Essar promoters move NCLAT against ArcelorMittal bid order

Another party raising objections against the NCLT's approval is the Standard Chartered Bank that has a claim of Rs 3,487 crore against insolvent … from Google Alert – Insolvency https://ift.tt/2TtOlhw File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NHPC to bid for Rangit hydro project in Sikkim under IBC

The Rangit Stage IV 120 MW project is a stressed asset and is undergoing insolvency proceedings in the National Company Law Tribunal (NCLT). from Google Alert – Insolvency https://ift.tt/2ESqqhF File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NHPC to bid for Rangit hydro project in Sikkim under insolvency proceedings

Lanco's Teesta VI, state-owned NHPC will bid for Jal Power Corporation's Rangit hydro project in Sikkim, which is undergoing insolvency proceedings … from Google Alert – Insolvency https://ift.tt/2TsxHip File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NBCC to monetise Jaypee Infratech assets to complete stuck projects

About 32,000 home buyers were left in the lurch after the Allahabad bench of the NCLT on August 9 classified Jaypee Infratech as insolvent on the … from Google Alert – Insolvency https://ift.tt/2ESpVEj File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

NCLT clears ArcelorMittal’s Rs42,000-cr bid for Essar Steel

The decision, which comes after 583 days of the stressed assets of Essar Steel being referred for insolvency proceedings, is expected to put an end to … from Google Alert – Insolvency https://ift.tt/2Tw9qbj File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Notice Of NCLAT Appeal Has To Be Served Regardless Of Supply Of Advance Copy of Appeal …

It set aside the NCLT order and directed to admit the application filed by the bank against Jai Balaji Industries Limited under Section 7, Insolvency and … from Google Alert – Insolvency https://ift.tt/2TxQiJO File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

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