Category: To be deleted

A transaction audit was carried out as per existing IBC norms and barring a few technical issues, Educomp’s resolution and operational handover process was found

The National Company Law Appellate Tribunal’s (NCLAT) decision to approve the revised bid of ₹7,950 crore by UltraTech Cement for debt-ridden Binani Cement is likely

A consortium of banks has applied to the debt recovery tribunal in Delhi seeking to enforce personal guarantees on the promoters of VideoconNSE 4.48 % group, Venugopal Dhoot and

Many exporters who had availed of certain duty-free benefits while importing raw material filed a writ petition in the Delhi High Court last week against

Q. We refer to your recent article ‘For a change, a useful and needed circular’. We import the majority of our raw materials, process them

Q. The drawee has not accepted the bill of exchange by signing on the face of the instrument but has given a separate letter of acceptance. Is

With a good number of cases having been heard and successfully concluded, the time taken to resolve the next lot of cases should be much

The resolution plan so reached can then be placed before the NCLT for approval, so that it can be implemented. The government is exploring the

Hurdles in the Essar Steel (ESIL) insolvency case before the National Company Law Tribunal’s (NCLT’s) bench at Ahmedabad continue to pile up. A hearing is

Recently, the Insolvency Law Committee, constituted by the Ministry of Corporate Affairs, published its second report, which recommends adoption of the UNCITRAL Model Law on

The NCLAT ruling in the Binani Cement case has set an important precedent for future IBC cases The long drawn battle between Dalmia Bharat group’s

SCB has also challenged the Resolution Plan of Arcelor as being incomplete and in violation of the IBC. Standard Chartered Bank, the third-largest secured financial creditor

The Supreme Court bench led by Justice RF Nariman rejected the Rajputana appeal, setting the stage for a formal takeover of the company by the

ArcelorMittal’s acquisition of Essar Steel is a done deal despite attempts by erstwhile promoters, the Ruias, to retain the asset, said bankers with knowledge of

Recently, the Insolvency Law Committee, constituted by the Ministry of Corporate Affairs, published its second report, which recommends adoption of the UNCITRAL Model Law on

The Insolvency Law Committee’s recommendations are a step in the right direction, but some aspects need a rethink The way Nirav Modi’s entities have filed

Nippon Steel to own nearly equal stake The committee of creditors of the debt-laden Essar Steel India Ltd. has chosen ArcelorMittal SA and Japan’s Nippon

ArcelorMittal has won the bid for bankrupt Essar Steel, finally — and arguably ‘fair and square’. ArcelorMittal has won the bid for bankrupt Essar Steel,

ArcelorMittal on Friday announced that the Committee of Creditors (CoC) to Essar Steel India Limited (ESIL) has voted in favour of the company’s acquisition. ESIL’s resolution professional (RP),

A day after the Committee of Creditors voted in favour of its bid, ArcelorMittal on Friday said its long-term aspiration for Essar Steel is to