NCLT

RCom shares dive 20.5% on NCLT move

The stock after making a weak opening further tanked 20 percent to Rs 9.95 on BSE.

May 16, 2018, 14:56 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

Jaypee Infratech lenders reject Rs 7,350 crore bid by Lakshwadeep

Debt-ridden Jaypee Infratech has an outstanding debt of nearly Rs 9,800 crore, of which Rs 4,334 crore pertains to IDBI.

May 10, 2018, 09:57 AM 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

Lender tears into Jaypee Infra bid evaluation process, calls for fair review

IIFCL, in a letter to the resolution professional, tore into its valuers assuming a much less toll collections from Jaypee-built expressway.

Apr 23, 2018, 14:45 PM IST

NCLT asks Bhushan Steel CoC to consider Liberty House bid

Bhushan Power and Steel owes about Rs 45,000 crore to its lender.

Apr 23, 2018, 12:03 PM IST

Fresh bids invited for ABG Shipyard under insolvency law

ABG Shipyard is undergoing insolvency proceedings under the Insolvency and Bankruptcy Code(IBC, 2016) as per the orders of NCLT.

Apr 19, 2018, 12:31 PM IST

Binani Industries to move Supreme Court with Rs 7,618 crore offer

Redeeming the pledge will mean seeking an end to the bankruptcy proceedings against it from the National Company Law Tribunal (NCLT).

Apr 09, 2018, 11:25 AM 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

Tata Steel wins bid to acquire debt-laden Bhushan Steel

Tata Steel said it has accepted the letter of intent (LoI) for BSL under the corporate insolvency resolution process of the Insolvency and Bankruptcy Code 2016 (IBC).

Mar 23, 2018, 11:46 AM IST

We need to create better credit culture for long-term benefits: Axis Bank chief Shikha Sharma

Axis Bank chief also said that defaulting promoters must be barred from bidding for their assets during insolvency proceedings.

Mar 04, 2018, 18:23 PM IST

Will Reliance Jio, Airtel help in keeping Aircel's network running?

Aircel has filed for bankruptcy saying high debt and mounting losses, following a price war triggered by a new entrant, have led the company to troubled times.

Mar 02, 2018, 12:19 PM IST

Aircel files for bankruptcy under insolvency code: 10 points

Know the top 10 updates on Aircel bankruptcy.

Mar 01, 2018, 09:14 AM IST

Difficult times ahead for Aircel staff, warns company

Aircel may soon file for bankruptcy at the National Company Law Tribunal (NCLT).

Feb 21, 2018, 11:32 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

Aircel to soon file for bankruptcy at NCLT: Report

The lenders are scheduled to meet on Tuesday to decide on appointments and the future course of action.

Feb 19, 2018, 13:19 PM IST

Piramal to join JSW, JFE Steel in bid for Bhushan Steel

Tata Steel, JSW Steel, and Vedanta are other players that have shown interest in Bhushan Steel.

Jan 25, 2018, 14:28 PM IST

NCLT approves Idea's merger deal with Vodafone

In the next step, both the companies need a final approval from the Department of Telecom.

Jan 12, 2018, 15:25 PM IST

Parliament passes amendments to insolvency bill to bar defaulters from bidding process

The bill seeks to replace an ordinance which was promulgated in November to prevent unscrupulous persons from misusing or vitiating the provisions of the Insolvency and Bankruptcy Code (IBC).

Jan 02, 2018, 19:13 PM IST

RCom shares extend rally; zoom over 25% on debt reduction announcement

The stock had gained nearly 32 percent in the previous session also.

Dec 27, 2017, 14:52 PM IST