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KARAIKAL PORT INSOLVENCY
NCLT approves Adani Ports and SEZ’s takeover of Karaikal PortAdani Ports and Special Economic Zone was pitted against Vedanta Limited, JSW Infra, a consortium of RKG Fund and Sagacious Capital and Jin...02 Apr, 2023, 11.37 AM IST- Adani Ports wins Karaikal bid with ₹1,200-crore offerBidding for the port was conducted under the Insolvency and Bankruptcy Code (IBC) guidelines. The lenders to Karaikal Port met last week to...02 Dec, 2022, 12.30 AM IST
- Adani, Vedanta co send in bids for Karaikal portKariakal Port defaulted on loans of ₹2,960 crore. It was admitted for insolvency proceedings on April 29 by the Chennai bench of the nation...03 Oct, 2022, 12.36 AM IST
- Vedanta, Adani, JSW Infra, submit EOIs for Karaikal PortThe NCLT’s Chennai bench had admitted Karaikal Port for insolvency proceedings via an order dated April 29, following an application made b...02 Aug, 2022, 10.40 PM IST
- Karaikal Port admitted for insolvency, Adani Ports & SEZ frontrunnerIn a rare instance, the National Company Law Tribunal heard and admitted a case for insolvency same day the lender, Omkara Asset Reconstruc...29 Apr, 2022, 10.14 AM IST
- How the IBC came as a shot in the arm for these debt huntersThe passage of the IBC in 2016 has led to a fire sale of sorts and some of the marquee assets of India Inc are suddenly available at a huge...18 Mar, 2018, 06.45 AM IST
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