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ESSAR CASE
SBI-led banks seek bids for Essar Group promoter guaranteesThe reserve price for the bids, with a June 17 deadline, is Rs 200 crore, showed a document on the website of the process advisor, BoB Capi...- Reliance, Essar top bidders for coal-based methane gas exploration blocksThe bidding frenzy for coal-bed methane blocks heats up as Reliance Industries and the Essar Group step into the ring. The Directorate Gene...
- India plans special NCLT bench for cross-border insolvency cases to speed up resolutionsIndia plans to set up a special NCLT bench with trained members to handle cross-border insolvency cases once new rules under the Insolvency...
- The three lawyers who resolved India's largest bankruptcy case now have their sights set on a new, bigger targetRuby Ahuja, Misha and Shally Bhasin represent a visible change in India’s legal landscape but they are also reminders of how much more need...
- ET Explains: How Essar Steel verdict changes the rules of the game for future bankruptcy casesIt was one of India's original Dirty Dozen referred by the RBI to NCLT for resolution under IBC.
- ET Explains: All about Essar Steel case and the latest twist in the taleThe company had been put on the block under IBC to recover over Rs 54,547 crore of unpaid dues.
- NCLAT orders Ahmedabad court to expedite Essar Steel caseThe case has been running for about 500 days, while the maximum stipulated time for the resolution of any case under the Insolvency and Ban...
- NCLT defers Essar Steel hearing to December 10The court was supposed to hear as many as 21 applications related Essar Steel resolution on Wednesday.
- Essar Group of companies was controlling Loop: CBI to courtThe CBI had earlier told the court that accused firm Loop Telecom Ltd (LTL) was "used" by Essar Group of companies to acquire 2G licences b...
- Essar & Loop case arguments to begin from May 3A Delhi court today fixed May 3 for the commencement of arguments on the framing of charges in the case arising out of the 2G spectrum allo...
- 2G scam: Essar Power stood as loan guarantor for Loop Telecom, says witnessA prosecution witness today told a Delhi court that Essar Power Ltd stood as a guarantor to an SBI loan for Loop Telecom Pvt Ltd.
- CBI names 100 witnesses to support case against Essar & LoopCBI has lined up 100 witnesses, including Adil Malia, Group President (HR) Essar Group, seeking to buttress its case in a Delhi Court.
- 2G scam: Salman Khurshid’s clean chit to Essar is an interference says Prashant BhushanThe interference of an influential minister in the government, Mr Salman Khurshid, is evident. He is publicly giving clean chit to Essar/Lo...
- 2G scam case: CBI to soon file another charge sheetCBI may soon file a charge sheet against some officials of Loop Telecom and Department of Telecom for alleged misrepresentation of facts ab...
- Essar GM J S Verma arrested for allegedly waging war against nationA top official of Essar Steel was on Tuesday arrested by the Chattisgarh Police on allegations of waging war against the state.
- Vodafone pays Rs 3,900 crore tax 'under protest', will contest tax demand in Essar deal in appellate forumsThe payment was done on the transaction in which Vodafone purchased the 33% held by Essar in March by paying the Indian conglomerate $5.4 b...
- Madras HC adjourns Vodafone-Essar case till April 1Essar has also said that Vodafone's fresh application is nothing but tactics to delay the proposed merger of two entities.
- Hutch, Essar in a sell jamIt’s now a free-for-all. The buzz gets louder that Essar may drag Hutch to court seeking an injunction.
- Hutchison-Essar gets DoT approval to merge BPL Mumbai circleHutchison-Essar got the crucial approval from DoT for the merger of the BPL Mumbai circle business with itself.
- Hutch offers to pay balance amt for BPL stakeEven as telecom firm Hutchison-Essar on Thursday offered to pay the remaining Rs 1,670 crore to complete the BPL Mobile (Mumbai) merger dea...
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