Era Infra lenders get 215-day breather for insolvency resolution

The creditors approached the NCLT on the grounds that the insolvency process faced several stumbling blocks on account of investigations by the … from Google Alert – Insolvency https://ift.tt/2IZuJgt File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

National Company Law Tribunal favours insolvency cases; approves Arcelor Mittal’s Essar steel …

The Lakshmi Mittal-owned steel giant's bid for Essar Steel was approved by the insolvent company's committee of creditors in October 2017. from Google Alert – Insolvency https://ift.tt/2J2ksjJ File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Reliance, Navi Mumbai Special Economic Zone to set up first integrated industrial area

Mumbai: Reliance Industries Limited (RIL) has entered into a memorandum of understanding with Navi Mumbai Special Economic Zone (NMSEZ) to … from Google Alert – Insolvency https://ift.tt/2TESsXg File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Telangana, AP engage in fresh row over dues by power utilities

“APGenco preferred legal recourse by approaching NCLT under insolvency and bankruptcy code, 2016 to settle the power purchase dues of TS … from Google Alert – Insolvency https://ift.tt/2J2kmZp File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Essar Steel: ArcelorMittal gets NCLT approval for revival plan

Essar Steel's bankruptcy proceedings have long crossed the 270- day deadline prescribed by the Insolvency and Bankruptcy Code (IBC); in fact it is … from Google Alert – Insolvency https://ift.tt/2TI2E16 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Essar takeover by ArcelorMittal approved; Guj to lose 1150 crore

However, the provisions of Insolvency and Bankruptcy prevented the promoters from participating in the bid, rendering their litigation unsuccessful. from Google Alert – Insolvency https://ift.tt/2IZtTjP File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

ArcelorMittal gets nod for Essar Steel, but Ruias might not give up

The insolvency and bankruptcy court has approved ArcelorMittal's bid to take over Essar Steel after a long legal tussle but the saga of the country's test … from Google Alert – Insolvency https://ift.tt/2TC05hm File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Insolvency proceedings: NCLT allows ICICI Bank’s plea against Punj Lloyd

The petition of ICICI Bank under Section 7 of the Insolvency and Bankruptcy Code pertains to a default amount of Rs 853 crore by Punj Lloyd. from Google Alert – Insolvency https://ift.tt/2IZtL3P File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

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