NCLT Approves ArcelorMittal's Takeover Of Essar Steel
ArcelorMittal’s bid to take over insolvent Essar Steel Ltd. was approved by the Ahmedabad bench of the National Company Law Tribunal. In a statement made...
Tag : Insolvency and Bankruptcy Code (IBC)
NCLAT Asks NCLT To Pass Final Order On Essar Steel Within A Week
The National Company Law Appellate Tribunal, today, has asked the NCLT’ Ahmedabad bench to pass its final verdict on the insolvent Essar Steel. The appellate...
Jaypee Infratech Former Promoter Makes Attempt To Regain Control
In order to regain control over the bankrupt Jaypee Infratech (JIL), former promoter Manoj Gaur has proposed to eliminate dues worth Rs. 8,358 crores out...
NCLT Reserves Its Verdict On Essar Steel Asia – ArcelorMittal Plea
The NCLT’s Ahmedabad bench has reserved its verdict on the Essar Steel Asia Holdings maintainability bid to retake the management of the debt-ridden company. The...
RBI Says IBC, SARFAESI Act Enabled Banks Recover More Bad Loans
According to the RBI data & report, Insolvency and Bankruptcy Code (IBC) and amendments in the Securitisation and Reconstruction of Financial Assets and Enforcement of...