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MAHENDER KUMAR KHANDELWAL
Along with the Bhushan Power and Steel, JSW Steel case, RP under the spotlight, tooThe Supreme Court stopped JSW Steel's purchase of Bhushan Power and Steel. This decision highlights Mahender Kumar Khandelwal's role. He wa...
ED attaches assets of Rs 1.74 cr in PMLA case against BPSLThe ED has attached properties worth Rs 1.74 crore in connection with its money laundering probe linked to an alleged bank fraud in Bhushan...
Bhushan Power & Steel probe: ED raids IRP, ex-directorAccording to sources, searches were carried out at four locations in Delhi and Gurugram including those belonging to Mahender Kumar Khandel...
BPSL's ex chairman Sanjay Singal gets bail in money laundering caseWhile granting bail, the court recorded differences between details of the probable and actual proceeds of crime submitted by the Enforceme...
Stark difference between probable & actual proceeds of crime attached by ED gets Sanjay Singal bailThe Court has recorded the stark difference between the probable proceeds of crime and the actual proceeds of crime attached by the Enforce...
NCLT approves JSW Steel's Rs 19,700 crore bid for Bhushan Power & SteelNCLT has approved JSW Steel's Rs 19,700 cr resolution plan for debt-ridden Bhushan Power & Steel Ltd.
Under IBC, 378 companies owing Rs 2.5 lakh crore sent for liquidationAs many as 378 companies with total creditor claims of Rs 2,57,642 cr have so far been sent into liquidation.
JSW Steel set to acquire Bhushan PowerJSW Steel had made a Rs 19,650-crore offer, which included upfront payment of Rs 19,300 crore.
Bhushan Power & Steel IRP alleges leak of CoC meeting deliberations"Today CoC meeting of Bhushan Power & Steel was held .... Surprisingly, sanctity and confidentiality of meeting was breached ... news of de...
Bhushan Power rebid process violates NCLAT orders: Tata SteelAccording to the sources privy to the development, Tata Steel in its letter has alleged that the CoC was not following legal process as per...
BDO reaches an out-of-court deal with Bhushan, Jyoti IRPsThe IRPs would complete the debt resolution proceedings at the two companies even though they have resigned from BDO.
Ebix set to acquire EducompNCLT’s Delhi principal bench will hear the matter on April 4.
NCLT puts Bhushan Power & Steel's insolvency resolution process on holdFollowing this, the creditors' meeting that was supposed to be held on Wednesday has been cancelled until a final order for the case comes ...
Bhushan Power creditors to announce highest bidder next week"The Committee of Creditors (CoC) will meet on March 14 to evaluate the criteria and declare the H1 bidder for Bhushan Power and Steel," a ...
Final resolution plan for Educomp Solutions submitted to NCLTEbix Inc, a supplier of on-demand software solutions and e-commerce services to the insurance industry in offshore and custom software deve...
Bhushan Power resolution plan by month-end: Khandelwal"Resolution plans for Bhushan Power & Steel Ltd are already in the process and the same are likely to be finalised within March 2018," Khan...
BDO takes IRPs of Bhushan Power, Jyoti Structures to courtThe interim resolution professionals had resigned from the Belgian company’s arm as partners in January to join rival PwC.
Bhushan Steel bid: Liberty House makes case before NCLTLiberty House also explained to the NCLT that it wants to do business in India as there is no better time than this, the company's spokespe...
Bhushan Power bid: Liberty House plans to move NCLT this week"India should encourage entrepreneurs like us to invest in India," said a Liberty House spokesperson.
Creditors reject Liberty House bid for Bhushan Power and SteelRace for the takeover of the bankrupt firm to now be between Tata Steel and JSW steel; bids from the two interested entities were disclosed...