Liberty House
Manufacturing
Mid-sized and smaller distressed steel assets likely to see indirect PE interest
Given a competitive pricing advantage and strong steel demand, several mid-sized and smaller distressed steel assets could be snapped up ......
Manufacturing
UK's Liberty House acquires second firm under insolvency law
UK-based Liberty House Group has completed its second acquisition under the bankruptcy process with the purchase of an Andhra Pradesh-based ......
Manufacturing
Amtek Auto's three-year-long quest to come out of bankruptcy gets longer
Amtek Auto Ltd’s debt resolution process has hit another hurdle as US hedge fund Deccan Value Investors, which received court ......
Manufacturing
Hindalco unit Novelis set to complete Aleris acquisition
Novelis Inc., a US-based subsidiary of Hindalco Industries Ltd, said it has received the final clearance needed to complete its ......
Manufacturing
Liberty House's Sanjeev Gupta to merge steel operations ahead of possible IPO
British commodities tycoon Sanjeev Gupta will merge his family's steel operations by the end of the year into a new ......
Manufacturing
Supreme Court stays Amtek Auto's liquidation
The Supreme Court has stayed a tribunal’s order to liquidate Amtek Auto Ltd on a plea moved by lenders of ......
Manufacturing
Adhunik Metaliks goes into liquidation as Liberty House fails to pay up
The National Company Law Tribunal (NCLT) has ordered the liquidation of Adhunik Metaliks Ltd and unit Zion Steel after the ......
General
Stressed assets: NCLT gets more judges; Jet Airways finally lands into bankruptcy court
In a development that will help ease the burden of bankruptcy courts and expedite the resolution of distressed assets, the ......
Manufacturing
Amtek Auto restarts bankruptcy resolution process, seeks fresh bids
Auto component manufacturer Amtek Auto Ltd started a fresh bidding process on Thursday, nearly two years after bankruptcy proceedings first ......
Manufacturing
ABG Shipyard heads to junkyard as NCLT orders liquidation
A bankruptcy court has ordered liquidation of debt-laden ABG Shipyard Ltd after lenders rejected an offer by the sole bidder ......
