Liberty House
Recent Highlights
All Stories for Liberty House
NCLAT suspends hearing of cases after fire breaks out inside CGO complex; tribunal to assess damage
•When contacted, an NCLAT official said that they would take time as they would have to inspect the premise and assess the probable damage.
Insolvency proceedings: Bidders to face jail term, penalty if they pull out from plans to take over stressed firms
Fp Staff •Apart from invoking section 74 of the Insolvency and Bankruptcy Code, which provides for a jail term, the government may impose a maximum Rs 1 crore penalty
ArcelorMittal signs pact to sell four European steel plants to Liberty House
•The acquisition more than doubles Liberty's global metal manufacturing capacity.
Bhushan Power lenders allowed JSW to change parameters of bids, says Tata Steel; CoC went against NCLAT order
•Bhushan Steel and Power was among the 12 non-performing accounts referred by the Reserve Bank of India (RBI) for NCLT proceedings.
Bhushan Power & Steel IRP alleges leak of CoC meeting deliberations, says attempts made to sabotage resolution process
•Tata Steel, Liberty House and JSW have submitted bids for the second time to acquire debt-laden Bhushan Power and Steel Ltd, sources said
Tata Steel, JSW, Liberty House submit bids for debt-ridden Bhushan Power & Steel's assets
•On 6 August, the National Company Law Appellate Tribunal (NCLAT) had extended the deadline for submission of revised bids for Bhushan Power and Steel by one week on the plea of Tata Steel, a resolution applicant in this
NCLAT extends deadline for submission of revised bids for Bhushan Power & Steel on plea of Tata Steel
•Bhushan Power and Steel was among the 12 non-performing accounts referred by RBI for NCLT proceedings.
Bhushan Power & Steel insolvency: NCLAT allows all 3 bidders to submit revised offers by 6 August
•The 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.
'Bhushan Power rebid process violates NCLAT orders, IBC'; final bids to be submitted today
•NCLT approves Liberty House bid for Amtek Auto; total potential recovery by creditors calculated at Rs 4,404 crore
•Amtek has a total debt of Rs 12,603 crores and the liquidation value of its assets was determined at Rs 4,119 crores