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ABHIJIT GUHATHAKURTA
Govt seeks SC nod to claim dues in Videocon insolvency caseThe petroleum ministry has approached the Supreme Court seeking $525.62 million from Videocon Industries, citing unpaid dues under a 1994 P...- Petroleum ministry moves SC seeking intervention in Videocon Group insolvency caseThe petroleum ministry has approached the Supreme Court seeking USD 525.62 million from Videocon, arguing its dues are ignored in Twinstar'...
- India corp bond issuance on track to hit record highs this fiscal year: BankersIn the months of April to July, firms raised 3.51 trillion rupees via bonds, of which fundraising in July was the lowest at 539 billion rup...
- Supreme Court approves loan settlement offer by Siva Industries PromotersSiva group founder C Sivasankaran's father, RCK Vallal, offered the settlement under Section 12A of the Insolvency and Bankruptcy Code, whi...
- Adani Properties, Jindal Power Ltd submit EoI for Videocon Industries and its 12 unitsIn a parallel development, the Supreme Court is scheduled to hear on Monday an appeal by the winning bidder, Twin Star Technologies, agains...
- NCLAT upholds Siva Industries liquidationThe settlement offer under Section 12A was made by RCK Vallal, who is the father of the founder of Siva group, C Sivasankaran. Siva Group i...
- Videocon Industries RP invites expressions of interest by February 2Venugopal Dhoot promoted Videocon Industries was admitted for resolution by NCLT in June 2018. It has verified secured creditors’ claims of...
- Videocon Industries lenders to vote on restarting the corporate insolvency process“Although the court has directed to restart the process, lenders can go ahead with it only after a resolution on this is passed by the requ...
- Lead banker SBI wants NCLAT to call fresh bids for VideoconIn yet another twist to the tortuous debt resolution at Videocon Group, lead consortium lender State Bank of India has approached an appeal...
- Twin Star to approach SC against NCLAT stay in Videocon case“Once the committee of creditors approved the resolution plan and the adjudicating authority stamped its approval on it, then nothing remai...
- NCLAT stays Vedanta group's resolution plan for VideoconThe stay on the approval order of the Mumbai bench of National Company Law Tribunal (NCLT) was granted on the basis of appeals by dissentin...
- NCLT approves Vedanta Group’s resolution plan for VideoconVedanta's offer of a little over Rs 3,000 crore for 13 companies belonging to the Videocon Group was far below the expectations of lenders,...
- EPC lenders move NCLT against Mauritian bidderIn November 2019, the Mumbai bench of the NCLT approved a resolution plan by Mauritius-based Royale Partners for EPC Constructions to reviv...
- NCLT approves Royale Partners Investment’s bid for EPC ConstructionThe foreign investor has offered to put in around Rs 900 crore to revive the company, which owed more than Rs 7,700 crore to its financial ...
- NCLT rejects ArcelorMittal’s plea for EPC re-voteLenders of EPC Construction India have approved revival plans of Royale Partners Investment Fund with 73% voting.
- Monsoon rains 14 % below normal in July, but play August roleRains this year have been 14% below normal in July and 9% above normal this month, yielding a normal rainfall for the entire season.
Load More- Supreme Court approves loan settlement offer by Siva Industries Promoters
