The appellate tribunal indicated that it may pass an order in this regard, where companies file "frivolous" bids in the corporate insolvenc...

JSW’s offer is higher than that of Tata Steel which had emerged as a preferred bidder over second-placed rival Liberty House.

Liberty House’s bid of Rs 18,500 crore is higher than Rs 17000 crore offered by Tatas. JSW Steel had offered Rs 13,000 crore.

At a 12-hour meeting of the committee of creditors (CoC) on Monday where bidders Tata Steel, JSW Steel and Liberty House made presentations...

Although Sanjeev Gupta-led Liberty House had submitted its bid days past the deadline for submissions, the NCLT had directed lenders to con...

Liberty House's offer to make an upfront payment of Rs 18,500 crore to lenders of Bhushan Power & Steel trumped the Rs 17,000 crore offer b...

The committee of creditors of Bhushan Power and Steel met today to open Liberty House's bid for the company after directions from the Natio...

In a letter to the UK-based company, they sought to know the current status of the Rs 18-crore loan and why it didn’t mention it in the bid...

The tribunal's order came over a petition filed by Liberty House, challenging the rejection of its bid by the RP for Bhushan Power and Stee...

Allowing the plea of Liberty House, the tribunal has directed the committee of creditors (CoC) to complete its resolution proceedings by Ju...

Amtek Auto’s lenders and the insolvency professional are planning to seek NCLT’s view on Liberty House’s standing, according to two people ...

The sole proposal in the second round of bidding was rejected by the committee of creditors, citing provisions of section 29 (a) of the IBC.

According to officials, the offer from Liberty House was not above the company’s liquidation value, which is pegged at Rs 2,200 crore.

UK-based Liberty House is also keen to buy Bhushan Power and Steel, for which the Tatas have emerged the highest bidder at Rs 24,000 crore.

"India should encourage entrepreneurs like us to invest in India," said a Liberty House spokesperson.

Earlier today the Committee Of Creditors not only rejected but also refused to open Liberty’s bid for failing to meet the February 8 deadli...

A meeting of the CoC will take place on Wednesday to discuss both the eligibility of the Liberty House bid as well as to review the plan su...