Latest News on Insolvency Process
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Insolvency Process - Total results - 4
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 30, 2019
Jaypee Infratech insolvency: Creditors decide to vote on NBCC bid to acquire debt-laden realty firm from FridayThe voting under the insolvency process, run by Jaypee Infratech's Interim Resolution Professional (IRP) Anuj Jain, will start from Friday and continue till 10 June, they added.
May 09, 2019
Anil Ambani's RCom's bankruptcy begins as NCLT allows firm to exclude 357 days spent in litigation; next hearing on 30 MayAt the last hearing, RCom had sought 357 days (from 30 May, 2018 to 30 April, 2019) exclusion in the insolvency process citing the stays it had on the process by the NCLAT and the Supreme Court.
Jan 23, 2019
SBI to sell debt in Essar Steel, invites EoI from financial institutions; move not to affect insolvency processSBI, which is the largest creditor having total exposure of Rs 15,431.44 crore in Essar Steel, invited EoI from banks, asset reconstruction firms, and financial institutions for the proposed sale of its debt.