Latest News on Coc
Showing of 0 - 10 from 18 results
Coc - Total results - 18
Feb 05, 2019
NCLAT dismisses Tata Steel plea; upholds lender's decision to approve JSW's bid for Bhushan Power & SteelJSW Steel had revised its offer from Rs 11,000 crore to Rs 18,000 crore and later to over Rs 19,000 crore, whereas Tata Steel's last offer was at Rs 17,000 crore after it had refused to revised its bid.
Dec 25, 2018
Patanjali renews interest in Ruchi Soya takeover as Adani Wilmar raises asset concerns of edible oil firmPatanjali Ayurved has approached the NCLT challenging the decision by Ruchi Soya's lenders to approve Adani Wilmar's Rs 6,000 crore takeover bid.
Oct 26, 2018
ArcelorMittal wins bid to buyout Essar Steel amid Ruias' last-ditch effort to retain control over companyThe world's largest steelmaker ArcelorMittal on Friday said it has been chosen by the lenders to takeover debt-laden Essar Steel India Ltd for about Rs 42,000 crore.
Sep 07, 2018
Bhushan Power lenders allowed JSW to change parameters of bids, says Tata Steel; CoC went against NCLAT orderBhushan Steel and Power was among the 12 non-performing accounts referred by the Reserve Bank of India (RBI) for NCLT proceedings.
Aug 15, 2018
Bhushan Power & Steel IRP alleges leak of CoC meeting deliberations, says attempts made to sabotage resolution processTata Steel, Liberty House and JSW have submitted bids for the second time to acquire debt-laden Bhushan Power and Steel Ltd, sources said
Aug 02, 2018
Bhushan Power & Steel insolvency: NCLAT allows all 3 bidders to submit revised offers by 6 AugustThe NCLAT last month had vacated its stay and asked the CoC to consider resolution plans submitted by three firms -- Tata Steel, Liberty House and JSW Steel.
Jul 31, 2018
'Bhushan Power rebid process violates NCLAT orders, IBC'; final bids to be submitted todayArray
Jul 25, 2018
CoC should act fast while taking decisions, delays erode value of assets: NCLT PresidentThe Committee of Creditors (CoC), which consists of lenders, should be represented by senior authorised people, who can take a decision on the spot in the meeting, he said.
Jul 17, 2018
Essar Steel Insolvency case: NCLAT asks Rewant to file affidavit over his association with Ravi RuiaThe National Company Law Appellate Tribunal also declined to allow the requests of Committee of Creditors (COC) of Essar Steel to open the second round of bids.
Jun 12, 2018
Adani group emerges as highest bidder with Rs 6,000 cr offer for Ruchi Soya; Patanjali can up its Rs 5,700 cr bidThe Committee of Creditors (CoC) of Ruchi Soya, in its meeting held on Tuesday, opened the bids submitted by the two contenders -- Patanjali group and Adani Wilmar, which sells cooking oil under the Fortune brand.