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National Company Law Tribunal

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

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...

Essar Steel's Ruia family challenges ArcelorMittal bid yet again

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...

India govt sees little scope for Jet Airways revival

Infrastructure

06 May, 2019

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...

Jaypee Infratech creditors reject Suraksha Realty's offer

Infrastructure

04 May, 2019

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)...

NBCC gets govt backing for revised offer to take over Jaypee Infratech

Infrastructure

01 May, 2019

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...

Ruchi Soya lenders approve Patanjali Ayurved's revised takeover offer

Manufacturing

01 May, 2019

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...

ABG Shipyard heads to junkyard as NCLT orders liquidation

Manufacturing

01 May, 2019

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 ......

CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units

Manufacturing

24 April, 2019

CarVal Investors, Arcil get lenders' approval to buy two Uttam Galva units

A consortium of US-based distressed assets investor CarVal Investors and Asset Reconstruction Company of India Ltd (Arcil) has...

Hotel Leelaventure's deal with Brookfield hits a wall as ITC moves NCLT

Consumer

23 April, 2019

Hotel Leelaventure's deal with Brookfield hits a wall as ITC moves NCLT

Cigarette-to-hotels company ITC Ltd has approached the National Company Law Tribunal (NCLT) against debt-ridden Hotel Leelaventure...

Ballarpur Industries unit dragged to bankruptcy court for second time

Manufacturing

17 April, 2019

Ballarpur Industries unit dragged to bankruptcy court for second time

Kotak Mahindra Bank has dragged BILT Graphic Paper Products Ltd to the bankruptcy court after the unit of Avantha group-promoted...

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