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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 asks NCLT to take decision on Essar Steel's insolvency case by...

NCLT to pass an order on insolvency resolution plan submitted by Essar Steel's RP, in which ArcelorMittal emerged as the...

23 Jan 2019 11:56 AM IST

Reliance Group Chairman, Anil Ambani (Photo: File)

NCLAT to hear contempt plea against Anil Ambani on Feb 25

On January 2, NCLAT had disposed of the contempt plea filed by HSBC Daisy on technical ground.

22 Jan 2019 1:51 PM IST

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 11:41 AM IST

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.

NCLAT directs NCLT Ahmedabad to decide on ArcelorMittal's Essar Steel...

A two-member NCLAT bench said that if the NCLT fails to pass an order by this deadline, it would call records and pass...

28 Feb 2019 11:49 AM IST

The debt crisis at the infrastructure lender came to light following a series of defaults by its group companies beginning September 2018.

Lot of headway being made in IL&FS matter, says corp affairs secy

The first phase of resolution for problems faced by IL&FS group is expected to be completed in the next few months.

26 Feb 2019 12:33 PM IST

IL&FS group companies are classified into three groups green, amber and red based on their financial positions.

No NPA tag for accounts of IL&FS firms: NCLAT

The appellate tribunal's order came during the hearing over the government's plan for the resolution of IL&FS group...

26 Feb 2019 1:51 AM IST

The debt crisis at the infrastructure lender came to light following a series of defaults by its group companies beginning September 2018.

Accounts of IL&FS, group cos cannot be declared NPA without NCLAT nod

The tribunal's direction came during the hearing over the govt's plan for the resolution of IL&FS group companies.

25 Feb 2019 12:49 PM IST

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 12:25 PM IST

Reliance Communications Ltds decision to call of the merger with Aircel will weigh heavy on its deal with asset manager Brookfield. Photo: PTI

Reliance Communications moves appellate court to withdraw Ericsson...

Mumbai-based RCom said on Friday it will seek fast-track resolution of its debt through the National Company Law...

5 Feb 2019 3:43 PM IST

Under the plan, the government has categorised IL&FS group companies into green, amber and red based on their respective financial positions. (Representational image)

NCLAT asks govt to submit list of companies with their financial...

Govt will submit list of IL&FS group companies based on their respective financial positions to pay their debt.

5 Feb 2019 2:12 PM IST

NCLAT has upheld the previous order of the Chandigarh bench of NCLT, which had imposed a cost of Rs 1 lakh on Liberty House citing casual approach.

Lenders ask for fresh round of bidding for Amtek Auto at NCLAT

Amtek Auto has a total debt of Rs 12,603 crore and the liquidation value of its assets was determined at Rs 4,119 crore.

29 March 2019 2:55 PM IST

According to the Rs 3,965.06-cr resolution plan by Sanghi, Rs 50 cr would be paid upfront, followed by Rs 75 cr over the next 12 months and the remaining in staggered payments over the next in 15 years.

Jyoti Structures goes to Sharad Sanghi

Sanghi's resolution plan was voted by 62.66 per cent of lenders, while 23.12 per cent voted against, and 14.21 per cent...

28 March 2019 12:55 AM IST