Latest News on Operational Creditors
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Operational Creditors - Total results - 4
May 07, 2019
Jaypee Infra insolvency: NBCC offers Rs 20 cr to operational creditors; panel to discuss revised offer on ThursdayMeanwhile, Adani group has shown interest in making bid for Jaypee Infratech, while Jaypee group too has submitted bid for regaining control of its realty firm.
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 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.
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.