Will take steps to curb frivolous bids for IL&FS assets: Injeti Srinivas, Corporate affairs secretary

Srinivas said the government was looking to prevent such incidents, and questioned whether such applicants be forced to pay for insolvency … from Google Alert – Insolvency https://ift.tt/2EjbSr9 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

QBiz: 3 More Banks Exit PCA; Insolvency Case Against Hotel Leela

Hotel Leela Venture Ltd said JM Financial Asset Reconstruction Company Ltd has filed an insolvency petition with the Mumbai bench of National … from Google Alert – Insolvency https://ift.tt/2T5stcf File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Under scanner! Finance ministry asks PSBs to submit asset sale details to ARCs

Manoj Kumar, head (M&A, Transactions and Insolvency) at consultancy firm Corporate Professionals Capital said, “It may be the right thing to review … from Google Alert – Insolvency https://ift.tt/2XmCDUe File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Essar Steel Insolvency: NCLT rejects RIL plea to be heard as operational creditor

RIL had joined the other operational creditors in the Essar Steel Insolvency case and knocked the doors of NCLT Ahmedabad and claimed Rs 16.41 … from Google Alert – Insolvency https://ift.tt/2SsnQUj File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Bhushan Power resolution: Lenders urge NCLT not to give operational creditors further hearing

NCLT's principal bench admitted on July 26, 2017, Punjab National Bank's plea for initiation of the corporate insolvency resolution process (CIRP) … from Google Alert – Insolvency https://ift.tt/2XrrW2B File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Centre plans changes in IBC law to prevent frivolous bids

The government plans to make changes in the Insolvency and Bankruptcy Code (IBC) to prevent bidders from backing out of a winning bid. from Google Alert – Insolvency https://ift.tt/2BVZi0s File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

JM Financial files insolvency case against debt-ridden Hotel Leela Venture Ltd

The application has been filed under Section 7 of the Insolvency and Bankruptcy Code 2016. With a hotels portfolio spanning across Delhi, Chennai, … from Google Alert – Insolvency https://ift.tt/2H4iU67 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

JM Financial files insolvency petition against Hotel Leelaventure

Hotel Leelaventure on Tuesday said that JM Financial Asset Reconstruction Company Ltd (JMFARC) has filed an insolvency petition against it with the … from Google Alert – Insolvency https://ift.tt/2EhtIe7 File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

JM Financial ARC files insolvency case against Leela Hotelventure

NEW DELHI: JM Financial Asset Reconstruction Company Ltd has filed an insolvency case against Leela Hotelventure Ltd at the National Company … from Google Alert – Insolvency https://ift.tt/2T2cF9V File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

Essar Steel Insolvency: NCLT rejects RIL’s plea opposing Arcelor bid

Essar Steel was part of the original list of 12 defaulters against whom Reserve Bank of India directed lenders to initiate insolvency and bankruptcy … from Google Alert – Insolvency https://ift.tt/2TeBbnQ File your insolvency claims/Submit your resolution plans at https://ift.tt/2ImnrTH

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