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Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

Manufacturing

16 July, 2019

Why banks, stressed asset investors are fretting over tribunal ruling on Essar Steel

A recent order of an appeals tribunal in a case involving the bankruptcy resolution of Essar Steel India Ltd has ......

Manufacturing

04 July, 2019

NCLAT ruling moves ArcelorMittal a step closer to Essar Steel takeover

An Indian court on Thursday rejected a petition challenging ArcelorMittal SA's proposed takeover of debt-ridden Essar Steel,...

Healthcare

24 May, 2019

Stressed assets this week: Jet, Orchid Pharma and Aircel in focus

With the insolvency courts in recess, activity in the stressed assets segment was slightly subdued in the week gone by. ......

Finance

15 May, 2019

What the top court's ruling in ArcelorMittal case means for PE firms in 'control' deals

The definition of “control” of a listed company under the Securities and Exchange Board of India's (SEBI) Takeover...

General

10 May, 2019

Stressed assets: Essar-ArcelorMittal fight drags on; RCom enters bankruptcy

Large insolvency cases saw several twists and turns over the past week as lenders struggled to find investors for resolution ......

Manufacturing

08 May, 2019

JSW Steel ups bankruptcy-resolution offer for steel products maker Asian Colour

JSW Steel, which had emerged as the lone bidder for Asian Colour Coated Ispat Ltd, has increased its bankruptcy-resolution offer...

Manufacturing

07 May, 2019

Essar Steel's Ruia family challenges ArcelorMittal bid yet again

Essar Steel India Ltd’s promoter Ruia family has once again challenged global steel giant ArcelorMittal’s bid for...

Manufacturing

26 April, 2019

Essar Steel lenders dig in their heels against StanChart, operational creditors

Essar Steel India Ltd’s Committee of Creditors (CoC) is sticking to its stand on how to distribute the capital ArcelorMittal...

General

12 April, 2019

Stressed assets this week: Essar Steel, Jet Airways and Sterling SEZ in focus

The Insolvency and Bankruptcy Code, instituted in 2016 to tackle the bad loans weighing down on India’s banking system,...

Infrastructure

12 April, 2019

Arcelor's wait for Essar Steel gets longer as SC steps in to resolve lenders' tiff

The wait for ArcelorMittal to buy Essar Steel, and enter the domestic steel industry, gets longer. More than a month after...

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