National Company Law Appellate Tribunal
Infrastructure
NCLAT grants three weeks to Dighi Port promoters to settle creditors' claims
The National Company Law Appellate Tribunal (NCLAT) has granted three weeks' time to the promoters of debt-ridden Dighi Port Ltd ......
Healthcare
NCLAT stays Dhanuka Labs' takeover of Orchid Pharma on plea by failed suitor
An appeals tribunal has stayed a bankruptcy court's approval to the resolution plan of Dhanuka Laboratories Ltd for Orchid Pharma ......
Manufacturing
Supreme Court orders status quo on Essar Steel's sale to ArcelorMIttal
The Supreme Court on Monday put on hold the sale of debt-laden Essar Steel to ArcelorMittal for Rs 42,000 crore. A ......
Manufacturing
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 ......
General
Stressed assets this week: Amtek Auto starts afresh, Orchid Pharma faces a twist
On June 14, 2017, the Reserve Bank of India asked banks to take the 12 biggest debt defaulters to bankruptcy ......
Infrastructure
Jaypee Infratech lenders reject NBCC's takeover offer
Lenders to Jaypee Infratech Ltd have voted against NBCC (India) Ltd’s revised bid to take over the debt-laden real estate ......
Manufacturing
NCLAT okays Maruti Ferrous' modified plan for buying Sunil Ispat
Maruti Ferrous Pvt. Ltd’s plan to acquire bankrupt Sunil Ispat and Power has been okayed by the National Company Law ......
General
Stressed assets: Jet revival hopes dim; Dighi Port, Maiyas Beverages to get new owners
Indian banks are estimated to have recovered almost Rs 70,000 crore from various companies through bankruptcy resolution processes during the ......
Infrastructure
Tribunal annuls voting by Jaypee Infratech creditors on NBCC's takeover bid
The National Company Law Appellate Tribunal (NCLAT) on Friday annulled voting by Jaypee Infratech Ltd' committee of creditors on state-owned ......
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 ......
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