Latest News on Coc
Showing of 0 - 10 from 23 results
Coc - Total results - 23
Oct 11, 2019
Haldiram emerges sole bidder to buy debt-ridden dairy firm Kwality with offer of Rs 130 crKwality has a total debt of around Rs 1,900 crore, which means that lenders would have to take a significant haircut.
May 23, 2019
Jaypee Infratech lenders start negotiations on NBCC's bid to acquire realty firm as per NCLAT orderJaypee Infratech went into insolvency process in 2017 after the National Company Law Tribunal (NCLT) admitted an application by an IDBI Bank-led consortium seeking resolution of the realty firm
May 20, 2019
Essar Steel reports Rs 4,229 cr EBITDA during Corporate Insolvency Resolution periodInsolvency resolution proceedings of Essar Steel had commenced on 2 August 2017
May 08, 2019
Jaypee Infratech's IRP finds NBCC bid conditional, non-binding; creditors' panel meets on Thursday to discuss revised offerThe court-mandated deadline for completing the resolution plan for Japyee Infratech ended on 6 May and the CoC has sought an extension of the deadline.
May 02, 2019
After govt nod, NBCC asks Jaypee Infratech RP to reconsider bid; lenders, home buyers vote on sole bid by Suraksha RealtyFinancial creditors and home buyers of the Jaypee group realty firm are currently voting on the bid of Suraksha Realty,
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