IFCI gets Rs 492 cr for Binani Cement resolution under IBC
On November 14, Aditya Birla Group firm UltraTech Cement won bid to acquire debt-ridden Binani Cement.
Nov 27, 2018, 11:26 AM IST
SC rejects plea of Dalmia Bharat Group firm's plea against rejection of its bid for Binani Cement
The bench said there was no infirmity in the NCLAT's order.
Nov 19, 2018, 18:03 PM IST
NCLAT approves UltraTech's bid for Binani Cement
The apex court had directed NCLAT to hear the case on a day-to-day basis.
Nov 14, 2018, 16:41 PM IST
Binani Industries offers to pay 100% claims of debtors
The tribunal has directed to list the matter on May 22 for next hearing.
May 16, 2018, 12:59 PM IST
NCLAT directs RP to give comments only on revised bids of Binani Cement
The National Company Law Appellate Tribunal (NCLAT) made the remarks while hearing an application filed by UltraTech in the Binani Cement insolvency matter.
May 15, 2018, 18:41 PM IST
NCLT asks Binani Cement's CoC to consider UltratTech's revised bid
The NCLT bench also directed the CoC to consider Dalmia Bharat Group's RPPL resolution plan if it matches UltraTech's offer.
May 02, 2018, 17:55 PM IST
Binani Cement's CoC decides to stick with Rs 6,350 crore offer from Dalmia Bharat Cement
The decision was taken at a late night meeting of the CoC held in Kolkata.
Apr 05, 2018, 10:50 AM IST
UltraTech to buy Binani Cement for Rs 7,266 crore, seeks end to insolvency proceedings
The move comes days after rival Dalmia Cement said its Rs 6,350 crore bid to buy Binani Cements Ltd has been accepted by the lenders.
Mar 19, 2018, 18:58 PM IST
No anti-competition concern in Rajputana-Binani Cement deal: CCI
On February 12, Rajputana Properties had filed a resolution plan for Binani Cement under the Insolvency and Bankruptcy Code (IBC).
Mar 09, 2018, 10:03 AM IST
Binani Industries approaches to NCLT over Binani Cement sale
In July last year, NCLT had admitted the insolvency petition against Binani Cement after it failed to repay its debtors.
Feb 20, 2018, 09:40 AM IST
Binani Cement says it is committed to paying taxes
In a statement issued by R S Joshi, President (Corporate Affairs), the company said it is only seeking instalments for making the payment as provided under law.
Jun 28, 2014, 16:17 PM IST
