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RCom was expecting a significant debt reduction post completion of merger with Aircel. (Photo: File)

RCom shares dive over 9 per cent on insolvency case buzz

Company has not been served any notice of the application filed by China Development Bank with NCLT.

28 Nov 2017 7:22 AM

The government plans to have more benches of the National Company Law Tribunal on the basis of case load, a senior official said on Wednesday amid rising number of insolvency cases coming up before the NCLT.

Govt plans to have more National Company Law Tribunal benches

A case is admitted for resolution under the Code only after approval from the NCLT.

4 April 2018 2:33 PM

The CoC rejected the bids of Suraksha Realty and NBCC in the second round held in May-June this year.

Jaypee Infra insolvency: NBCC, Suraksha Realty place final bids

As many as 13 banks and over 23,000 homebuyers have voting rights in the CoC.

3 Dec 2019 2:01 PM

NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.

Essar Steel insolvency case: NCLAT asks NCLT Ahmedabad bench to...

The matter is listed at NCLT Ahmedabad on January 7 for next hearing.

3 Jan 2019 6:11 AM

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

NCLAT extends deadline to decide on Essar Steel insolvency case

NCLT Ahmedabad to decide over the Rs 42,000 cr resolution plan submitted by ArcelorMittal for Essar Steel.

12 Feb 2019 6:55 AM

Essar Steel promoters, however, wanted the CoC to consider their offer as it offered maximum value to all stakeholders and cannot be ignored citing some process lacunae.

Supreme Court orders status quo in Essar insolvency case

Essar Steel was auctioned under the new IBC to recover Rs 54,547 crore of unpaid dues of financial lenders.

22 July 2019 5:59 AM