A three-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya asked the agencies to file their reply affidavits by January 20 s...

ED had in October last year attached Bhushan Power and Steel’s Rs 4,025-crore worth of land, buildings, plant and machinery in Odisha in a ...

“The company had preferred an appeal before NCLAT challenging certain portions of NCLT orders, and the judgment on the same has been pronou...

A two-member NCLAT bench headed by Chairperson Justice S J Mukhopadhaya also asked the ED to clarify about its role after the attachment of...

Defending its decision to attach the assets of bankrupt steel mill Bhushan Power and Steel, the ED said insolvency courts don't have the ju...

NCLAT says agency’s move to seize properties without any jurisdiction undermines IBC.

Under the insolvency proceedings, JSW Steel has emerged as the winning bidder for Bhushan Power & Steel.

PNB reported a fraud worth Rs 3,805.15 crore by BPSL by misappropriating bank funds and manipulating its books of accounts.

"We expect NCLT to decide the case at an early date to ensure that the matter is decided before the end of this financial year," NCLAT said.

If the bond sale were to go through, it would be JSW Steel’s first domestic issuance after a gap of four years.

Liberty House entered the fray and put a bid for Rs 18,000 crore. Even as the Tatas challenged it, JSW Steel jumped back into the fray with...

JSW had initially offered upfront payments of Rs 11,500 crore to BPSL’s lenders against Tata Steel’s offer of Rs 17,000 crore.

The apex court refused urgent hearing for ArcelorMittal's plea for payment of Rs 7,000 crore by today for its second bid to become eligible.

The tribunal, had on July 20, given a go-ahead to the CoC meeting, directing it to finalise a bid for the company.

"The CoC is at present evaluating the three bids and will inform its decision to the NCLAT on August 17," said the source.

It is not known how much Tata's have offered in the revised bid. They had earlier offered Rs 17000 crore to lenders.

In the first round of bidding, which closed on February 8, Tata Steel had offered Rs 17,000 crore and JSW Steel offered Rs 11,000 crore.