Latest News on Resolution Professional
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Resolution Professional - Total results - 6
Mar 29, 2019
Lenders ask NCLAT for fresh round of bidding for debt-ridden Amtek Auto as UK-based Liberty House backs outCoC led by Corporation Bank informed the NCLAT that the second highest bidder Deccan Value Investors LP is also considering to submit a revised offer
Feb 26, 2019
NCLAT dismisses plea of Monnet Power resolution professional over claims of BHELMonnet Power owes around Rs 6,000 crore to a consortium of lenders, including State Bank of India and Punjab National Bank.
Dec 25, 2018
Patanjali renews interest in Ruchi Soya takeover as Adani Wilmar raises asset concerns of edible oil firmPatanjali Ayurved has approached the NCLT challenging the decision by Ruchi Soya's lenders to approve Adani Wilmar's Rs 6,000 crore takeover bid.
Oct 25, 2018
GPI Textiles' resolution professional writes to Essar Steel lenders, wants ArcelorMittal to pay its duesArcelorMittal has reportedly agreed to pay a total of Rs 50,000 crore to acquire Essar Steel
Jul 25, 2018
CoC should act fast while taking decisions, delays erode value of assets: NCLT PresidentThe Committee of Creditors (CoC), which consists of lenders, should be represented by senior authorised people, who can take a decision on the spot in the meeting, he said.
Feb 13, 2018
Govt lauds RBI's stricter rules to tackle bad loans, says it is a wake up call for loan defaultersRevised framework has specified norms for 'early identification' of stressed assets, timelines for implementation of resolution plans