National Company Law Tribunal
General
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 ......
TMT
NCLT starts bankruptcy process for Reliance Communications
The National Company Law Tribunal (NCLT) on Thursday admitted Reliance Communications Ltd (RCom) for insolvency and allowed it to exclude ......
Manufacturing
SSG Capital challenges CarVal-Arcil offer to buy Uttam Galva units
Hong Kong-based SSG Capital has moved the National Company Law Tribunal (NCLT) against the lenders’ acceptance of Rs 2,500 crore ......
Consumer
Singapore's DBS Bank wants more out of Patanjali's offer for Ruchi Soya
Singaporean lender DBS Bank has contested the bankruptcy-resolution plan of Rs 4,350 crore offered by Patanjali Ayurved to buy debt-laden ......
Manufacturing
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
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 the bankrupt local ......
Infrastructure
India govt sees little scope for Jet Airways revival
India’s government sees little hope of a bidder emerging for debt-laden Jet Airways Ltd, two senior finance ministry officials said, ......
Infrastructure
Jaypee Infratech creditors reject Suraksha Realty's offer
Creditors to debt-laden Jaypee Infratech Ltd have rejected a bid by a Suraksha Realty-led consortium, giving state-run NBCC (India) Ltd ......
Infrastructure
NBCC gets govt backing for revised offer to take over Jaypee Infratech
State-owned NBCC (India) Ltd said on Wednesday it has received the government's approval for its revised offer to take over ......
Manufacturing
Ruchi Soya lenders approve Patanjali Ayurved's revised takeover offer
Lenders to Ruchi Soya Industries Ltd have approved a revised offer by Patanjali Ayurved Ltd, the consumer goods company backed ......
