Latest News on Financial Creditors
Showing of 0 - 10 from 7 results
Financial Creditors - Total results - 7
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.
Aug 10, 2018
Jaypee Infratech case: After Supreme Court washes hands off, homebuyers left in a tight spotIt is not the elevation to the ranks of financial creditor but to the ranks of secured creditors that would have given relief to the hapless homebuyers in the Jaypee Infratech case
Jul 27, 2018
Aion Investments, JSW Steel to pay Rs 2,892 crore to pick 74.3% stake in Monnet IspatThe bankrupt Monnet Ispat owes over Rs 11,000 crore to a clutch of lenders.
Jun 07, 2018
RBI announces hike in limits for cheaper loan for affordable housing; raises red flag on small ticket housing loansThe RBI said after a careful analysis of the housing loans data, it has been observed that the level of NPAs for the ticket size of up to Rs 2 lakh has been high and is rising briskly.
May 24, 2018
Cabinet approves IBC amendment: Why recognising homebuyers as financial creditors is not going to solve the messArray