IND Vs SA | 3rd Test Oct 19, 2019
IND 224/3 (58.0)
KEN Vs SCO | Match 6 Oct 19, 2019
KEN 90/1 (12.0)
JER Vs NIG | Match 7 Oct 19, 2019
NIG 78/4 (13.5)
NAM Vs NED | Match 8 Oct 19, 2019
NAM 58/7 (11.4)
Latest News on Financial Creditors
Showing of 0 - 10 from 14 results
Financial Creditors - Total results - 14
Jul 04, 2019
NCLAT rejects Prashant Ruia's plea to block ArcelorMittal; approves bid for Essar Steel with modificationEssar Steel director Prashant Ruia had challenged that order saying ArcelorMittal was ineligible to bid under Section 29A of the Insolvency and Bankruptcy Code as it was associated with delinquent or loan defaulting firms.
Jun 20, 2019
Stressed steel assets may see lower recovery rates in second round; flat steel segment's growth may moderate to 5-5.5%Sixteen of the accounts were in the steel sector, where the haircut required was a lower 47 percent, as compared to 69 percent for other sectors.
May 16, 2019
Jaypee Infratech insolvency: Over 23,000 homebuyers, 13 banks start voting on NBCC's bid; result to be out on 20 MayThe financial creditors would vote for the second time on the resolution plan for Jaypee Infratech, a subsidiary of Jaiprakash Associates Ltd (JAL).
May 09, 2019
Jaypee Infratech takeover: Lenders seek clarification from NBCC on revised bid; creditors' panel to meet again on 14 MayNBCC was also asked how it will fund the takeover of Jaypee Infratech, sources said adding that NBCC officials answered all the queries.
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,
Apr 24, 2019
PNB fraud case: Mehul Choksi moves Bombay High Court against non-consideration of plea on health groundsMehil Choksi and his nephew diamantaire Nirav Modi are absconding after the biggest financial fraud came to light in February 2018 and are facing extradition from Antigua and Britain, respectively.
Apr 09, 2019
NCLAT likely to direct ArcelorMittal to deposit Rs 42,000-cr bid amount for acquiring Essar SteelThe bench also asked ArcelorMittal to file an affidavit before it, detailing the steps to be taken for implementation of the resolution plan of debt-ridden Essar Steel.
Mar 16, 2019
RCom, Ericsson case: Anil Ambani faces setback as Rs 453 crore payment deadline looms on 19 MarchAnil Ambani's RCom group to pay Rs 453 crore in four weeks, by 19 March, failing which Ambani will have to go to jail.
Mar 15, 2019
Essar Steel takeover: NCLAT refuses stay on NCLT nod to ArcelorMittal plan; seeks fresh distribution plan for bid amountMaking a suggestion, the NCLAT said all operational creditors below Rs 1 crore should get 100 per cent of the dues and so should the employees of Essar Steel.
Feb 19, 2019
Home-buyers as financial creditors: Developers' default risks spike with delayed projects, says IcraThere have been various instances of aggrieved home-buyers initiating insolvency proceedings against developers who have delayed project execution.