New Delhi, March 31 – Vedanta Ltd, owned by mining billionaire Anil Agarwal, has told the Supreme Court that its revised bid for the bankrupt Jaiprakash Associates Ltd was rejected, despite being better than Adani Group's offer.In its petition challenging the lenders' decision to accept...
adani group
asset acquisition
bankruptcy proceedings
cement industry
corporate debt restructuring
debtresolution
financial bid
financial creditors
hospitality industry
india
insolvency and bankruptcy code (ibc)
jaiprakash associates ltd
nclat (national company law appellate tribunal)
nclt (national company law tribunal)
power industry
real estate industry
resolution plan
vedanta ltd
New Delhi, March 24 The National Company Law Tribunal (NCLT) on Tuesday declined to stay the Vedanta Group's appeal against the order passed by the NCLT approving Adani Group's bid of Rs 14,535 crore to acquire Jaiprakash Associates Ltd (JAL).The two-member bench of the NCLAT sought a response...
adani group
cement manufacturing
committee of creditors (coc)
corporate insolvency resolution process (cirp)
debtresolution
engineering & construction
financial distress
insolvency and bankruptcy code (ibc)
jaiprakash associates ltd (jal)
jaypee greens
jaypee international sports city
national company law appellate tribunal (nclat)
national company law tribunal (nclt)
power
real estate
resolution plan
vedanta group
New Delhi, March 23 – In a new affidavit filed before the Supreme Court, industrialist Anil D. Ambani has proposed the formation of a lenders' committee to determine the actual outstanding debts owed by Reliance Communications (RCOM) and its group entities, along with a detailed plan for...
anil ambani
arbitral awards
asset monetization
bank fraud
bank of baroda
central bureau of investigation (cbi)
corporate insolvency resolution process (cirp)
debtresolution
enforcement directorate (ed)
financial investigation
lenders' committee
rcom
regulatory assets
reliance communications
state bank of india
supreme court
New Delhi, March 15 The government has challenged the order passed by the NCLT, in which it approved a Rs 900 crore resolution plan by Ashdan Properties for the debt-ridden Rolta India, before the appellate tribunal NCLAT.Challenging the approved resolution plan, the centre said that only Rs...
ashdan properties
corporate insolvency resolution process (cirp)
debtresolution
department of telecommunications (dot)
financial creditors
government appeal
india
indian insolvency and bankruptcy code (ibc)
license fee
national company law appellate tribunal (nclat)
national company law tribunal (nclt)
operational creditor
resolution plan
rolta india
telecommunications