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RESURGENT RESOLUTION PROFESSIONALS
Lenders approve Nazara's resolution plan to buy SmaaashNazara's resolution plan received 99% of the creditors' vote in a process which was completed earlier this week. The second bidder-a consor...10 Aug, 2024, 12.51 AM IST- Nazara gets go-ahead for Smaaash acquisition from creditorsNazara said the committee of creditors of Smaaash Entertainment had approved its resolution plan. Resolution professional (RP) Bhrugesh Ami...08 Aug, 2024, 05.13 PM IST
- Dalmia Bharat draws closer to taking over Birla TyresDalmia Bharat group is set to acquire Birla Tyres after creditors approved their resolution plan. The plan proposes partial repayment of ₹1...29 Aug, 2023, 12.22 AM IST
- Dalmia Group submits revised debt resolution plan for Birla TyresA person familiar with the new plan told ET that group companies of Dalmia Bharat have offered to repay about ₹300 crore of the outstanding...19 Aug, 2023, 10.29 PM IST
- NCLT approves Rs 1,814 cr resolution plan for Lavasa; Darwin Platform winning bidderDarwin Platform Infrastructure Ltd (DPIL) has emerged as the winning bidder for Lavasa Corporation Ltd, which is primarily into the busines...22 Jul, 2023, 04.01 PM IST
- Rare-Naman leads race for Rajesh Lifespaces' hotel armThe consortium's offer of ₹461 crore upfront with another ₹31 crore in equity in the company is likely to be declared as the top bid by ban...27 Feb, 2023, 12.20 AM IST
- Three bidders in close fight for Rajesh LifeSpaces’ hotel businessThe three bidders have offered different plans which will now be evaluated by Resurgent Resolution Professionals, the valuer appointed by b...21 Feb, 2023, 12.12 AM IST
- Resurgent Power acquires South East UP Power Transmission Company via insolvency processSEUPPTCL was incorporated as a special purpose vehicle formed by UP Power Transmission Company Limited (UPPTCL) on September 11, 2009 to im...17 Sep, 2022, 02.08 PM IST
- ArcelorMittal offers Rs 800 crore upfront to Indian Steel lendersThe NCLT admitted Indian Steel last October at the behest of India Resurgence Asset Reconstruction Company, which is backed by Bain Capital...06 May, 2022, 04.59 AM IST
- Tata Power's Singapore JV wins bid to acquire SEUPTCLTata Power holds 26 per cent stake in the joint venture through its wholly-owned Singapore-based arm Tata Power International Pte Ltd. The ...09 Mar, 2022, 08.22 PM IST
- ArcelorMittal India-linked firm leads race to acquire Indian Steel CorpLenders to the steelmaker, admitted by tribunal last October, are hoping to receive at least about 40% of their dues.18 Jan, 2022, 06.16 AM IST
- NCLT orders RP to restart corporate resolution at KSK MahanadiIn a recent order, the Hyderabad bench of the tribunal directed the resolution professional (RP) to restart the process, after Riddhi Siddh...13 Nov, 2021, 10.01 PM IST
- Oyo squashes rumours of bankruptcy following an NCLT order"The creditors of Oyo Hotels & Homes are hereby called upon to submit their claims before April 15 to the interim resolution professional,"...08 Apr, 2021, 09.44 AM IST
- JSW, Adani, others express interest in Avantha Power armJSW, Adani Power, NTPC, Tata Power-backed Resurgent Power and Singapore-based investors to participate in the bidding of Avantha Group’s Jh...18 Oct, 2019, 08.38 AM IST
- JSW steel shows interest in Asian Colour Coated IspatAsian Colour Coated Ispat was admitted by the Delhi insolvency tribunal for resolution in July this year and owes Rs 4,957 crore to lenders.23 Nov, 2018, 08.31 AM IST
- SREI Infrastructure Finance may write off Rs 360 crore as 2 debtor companies enter liquidationIn its application, SREI Infrastructure said the loans were issued in 2015 and were pending part repayment, said two people familiar with t...23 May, 2018, 07.32 AM IST
- Dalmia Bharat joins hands with Piramal Bain fund to bid for BinaniVijaykumar Iyer, partner at Deloitte Touche Tohmatsu India Llp, was appointed the interim resolution professional for Binani Cement.09 Dec, 2017, 03.23 PM IST
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