Tata Steel and Liberty House, the incumbent lead bidders for the stressed Bhushan Power and Steel, will have to revise their bids upwards to stay
Category: May Look At Leisurely
Looking beyond growth numbers – The Hindu BusinessLine
Growth story GDP growth is a necessary but not sufficient condition – istock.com/stock_shoppe A north-bound GDP is not enough to ensure sustainable economic well-being or
Sajjan Jindal’s JSW Steel revises offer for Bhushan Power to Rs 180 billion | Business Standard News
In a dramatic twist, Sajjan Jindal’s JSW Steel has revised its offer for Bhushan Power & Steel to Rs 180 billion, prompting the committee of creditors (CoC) to invite
Sajjan Jindal’s JSW Steel revises offer for Bhushan Power to Rs 180 billion | Business Standard News
In a dramatic twist, Sajjan Jindal’s JSW Steel has revised its offer for Bhushan Power & Steel to Rs 180 billion, prompting the committee of creditors (CoC) to invite
Stressed assets: Govt wants IBC relief for a dozen power projects | Evernote Web
he Centre, in its submission to the Allahabad High Court, could seek regulatory relief for a dozen power projects with an overall debt exposure of around Rs
Abduction to blackmail: Professionals hired to resolve bad loans face risks | Business Standard News-R
Devendra Jain was abducted one muggy Mumbai afternoon last September, whisked away in a car by angry investors of an insolvent firm he was tasked
Tata Steel’s Bhushan Steel acquisition hits NCLAT hurdle, may get costlier | Business Standard News
Tata Steel’s acquisition of Bhushan Steel may hit a hurdle as the National Company Law Appellate Tribunal (NCLAT) will re-examine Tata Steel’s eligibility as a
NCLAT reserves order over Bhushan Steel, challenging sale to Tata Steel | Business Standard News
The National Company Law Appellate Tribunal today reserved its order over plea filed by former promoter of Bhushan Steel challenging the sale of the debt-ridden
One more NPA account resolved in just 5 days; bankrupt Amtek Auto goes to Liberty House – The Financial Express
Amtek Auto, which owes nearly Rs 12,000 crore, was among the 12 big accounts identified by the Reserve Bank of India. The National Company Law
One step back: NCLT rejects Jyoti resolution plan – The Financial Express
While the financial creditors of the company claimed Rs 8,226 crore, the NCLT has admitted claims worth Rs 7,625 crore. The Mumbai bench of the
NCLAT questions Tata Steel on eligibility in Bhushan Steel case – The Financial Express
Bhushan Energy promoters sought the appellate tribunal’s intervention as the termination of the PPA might reduce its valuation. The National Company Law Appellate Tribunal (NCLAT)
IBC amendment allows firms to bid for multiple stressed assets – Business Line
Corporate houses with deep pockets can bid for multiple distressed assets under the insolvency process without getting themselves disqualified under Section 29A of the Insolvency
Insolvency process: CoC open to new bids for Deccan Chronicle, says NCLT | Business Standard News
The Committee of Creditors of Deccan Chronicle Holdings Limited (DCHL) was open to examining fresh resolution applications, including a modified resolution plan submitted earlier this month by Srei group’s
Moving ahead: Insolvency amendment Bill introduced in Lok Sabha – The Financial Express
Finance minister Piyush Goyal on Monday introduced a Bill to amend the insolvency law that would recognise home buyers as financial creditors and allow genuine
Bhushan Steel case: NCLAT asks Tata Steel to provide resolution plan details – The Financial Express
Hearing a petition filed by Larsen & Toubro (L&T), the appellate tribunal asked Tata Steel to provide the details by Tuesday, when it is scheduled
Bhushan Power: Little liberty for lenders to select winning bidder – The Financial Express
Bhushan Power and Steel owed lenders close to Rs 47,000 crore as on March 31, 2017. Even though it is yet to take a call
Bhushan Power: Little liberty for lenders to select winning bidder – The Financial Express
Bhushan Power and Steel owed lenders close to Rs 47,000 crore as on March 31, 2017. Even though it is yet to take a call
NCLAT directs lenders to consider all 3 bids for Bhushan – Business Line
The National Company Law Appellate Tribunal has directed the Committee of Creditors of Bhushan Power to consider all three bids submitted by Tata Steel, Liberty
JAL asks SC to evaluate its financial capability – The Financial Express
Homebuyers also argued that an independent committee be set up which can assess the financial health and credibility of interested bidders who have expressed interest
Liquidation of Jaypee group firm would serve no purpose: Supreme Court – The Financial Express
The home buyers had moved the apex court stating that around 32,000 people had booked flats and were now paying instalments. Liquidation of real estate
