You Searched For "Essar Steel case" and got 20 results
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1 min read
Nowhere in the world do bankruptcy cases have a 330-day deadline, says bankruptcy board chief MS Sahoo
The bankruptcy of Essar Steel had put India’s nascent bankruptcy laws to test and the final word on…
“Nowhere in the world do bankruptcy cases have a 330-day deadline,” says bankruptcy board chief MS Sahoo
The Supreme Court on November 15 allowed the bankruptcy courts are free to relax the 330-day deadli…
6 mins read
EXCLUSIVE: India’s bankruptcy board Chairman explains the evolution of the country's insolvency laws
India’s new bankruptcy law is providing what the country now needs - a way for creditors to gain wh…
2 mins read
EXCLUSIVE: New amendment to bankruptcy law has Prashant Ruia’s personal guarantee on its radar
India’s Finance Ministry is sitting on a new amendment to the bankruptcy law. That might be a big…
2 mins read
ArcelorMittal's $6.1 billion bid for Essar Steel is on hold again
A bench headed by Justice Rohinton F. Nariman admitted the appeals by Essar Steel lenders …
1 min read
ArcelorMittal's bid for the bankrupt Essar Steel clears another hurdle that will give banks 60% off their dues-- but the appellate order has done something more
Global giant Arcelor Mittal had made a bid for a bankrupt Indian company Essar Steel. Simultaneo…
1 min read
ArcelorMittal aims to complete Essar Steel acquisition by 2019-end
New Delhi, Nov 19 () Following the Supreme Court verdict on Essar Steel resolution plan, global ste…
PTI
1 min read
Look forward to close Essar Steel acquisition soon: ArcelorMittal
New Delhi, Nov 15 () Global steel giant ArcelorMittal on Friday said it is looking forward to close…
PTI
1 min read
Lakshmi Mittal can begin taking over Essar Steel as India's Supreme Court ends the debate on how to distribute the money
The ultimate discretion on distribution of funds was with the Committee of creditors, the SC ord…
2 mins read
ArcelorMittal initiates Rs 42,000 cr payment for Essar Steel acquisition
New Delhi, Dec 13 () Global steel giant ArcelorMittal has initiated payment for acquisition of debt…
PTI
3 mins read
India’s finance minister touts the success of the country’s recently-implemented bankruptcy code — but it still requires significant improvement
In a post titled, “Two years of insolvency and Bankruptcy Code (IBC),” Jaitley said that as much…
2 mins read
ArcelorMittal submits a higher bid for bankrupt Essar Steel but on one condition
A fresh round of bidding for the indebted Essar Steel - which was one of the first 12 accounts iden…
3 mins read
Haircut on cases resolved through IBC not very encouraging, says Kotak report
Haircuts on cases resolved through the Insolvency and Bankruptcy Code (IBC) are still very high, ne…
1 min read
Strife At The Top: These 11 C-Suite Execs From India Were ‘Let Go’ In 2013
There is no job
security at the coveted C-Suite. The issues could be many – from poor
performance t…
5 mins read
2018 was a big year for mergers and acquisitions in India. Here are the top deals
This year proved to be quite a robust one for mergers and acquisitions for Indian corporates. Bu…
3 mins read
Will Reliance Capital lenders get their dues fast or will there be legal delays
With another round of bidding for Reliance Capital Ltd slated later this month, the question is whe…
2 mins read
NCLAT Chairman Justice S J Mukhopadhaya retires
He delivered several landmark judgements during his tenure of nearly four years. He supervised and…
PTI
3 mins read
2019: NCLAT passed several judgements but many of them failed Supreme Court perusal
New Delhi, Jan 1 () Whos who of the corporate world - from Reliance to Tatas to ArcelorMittal - wer…
PTI
2 mins read
IBC led to recovery of just 10% of defaulted loans in non-
Speaking on a bill to further amend the Insolvency andBankruptcy Code to give protection to new own…
PTI
1 min read
Acharya Balkrishna appointed Ruchi Soya CMD, Swami Ramdev to be director on new board
New Delhi, Dec 19 () Acharya Balkrishna has been appointed as the chairman and managing director of…