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UVARCL
Aircel’s Committee of Creditors moves SC against NCLAT orderPeople familiar with the matter said Aircel resolution professional Deloitte and asset reconstruction firm UVARCL, which had been cleared b...03 Jun, 2021, 09.02 AM IST- Aircel lenders, UVARCL to move Supreme Court as NCLAT bars spectrum saleThe NCLAT has backed DoT’s stance that spectrum is a national asset that cannot be transferred to a third party, unless statutory dues are ...15 Apr, 2021, 08.58 AM IST
- Delhi HC asks Govt, Finance Ministry and RBI to consider parity between IBC and Sarfaesi ActAccording to the Sarfaesi Act, asset reconstruction companies that take over stressed assets from lenders cannot infuse equity into an inso...19 Mar, 2021, 12.03 PM IST
- Delhi High Court stays RBI's show cause notice to UVARCLThe Delhi High Court on Friday stayed a Reserve Bank of India notice warning of possible cancellation of UV Asset Reconstruction Company Lt...27 Nov, 2020, 10.56 PM IST
- RBI calls up UVARCL to explain flouted norms; RCom, Aircel resolution plans in the balanceThe banking regulator said in a notice that UVARCL had flouted norms laid down by the Sarfaesi Act and wilfully violated the RBI's guidelin...21 Nov, 2020, 03.01 PM IST
- Sarfaesi Act may be amended for clarity to help UVARCL in Aircel bankruptcy case and assuage SBI concernsIn a recent meeting, the government assured senior officials of the SBI--the largest lender in many bankruptcy cases—that it will work towa...04 Nov, 2020, 08.27 AM IST
- State Bank of India seeks meeting with Finance Minister to save Aircel's resolution planThe request from the lead lender to the bankrupt mobile operator comes days after UV Asset Reconstruction Company - which has proposed to b...27 Oct, 2020, 11.08 AM IST
- RBI rejects plan to sell Aircel assets to UVARCL, says proposal does not conform to norms for ARCsAccording to people aware of the development, RBI has refused to give permission to the resolution plan on the grounds that it does not con...27 Aug, 2020, 08.55 AM IST
- Asset reconstruction companies ask RBI to address regulatory gaps between IBC and Sarfaesi ActThis comes after the RBI rejected UV Asset Reconstruction Company’s resolution proposal for bankrupt Aircel on the grounds that ARCs cannot...27 Aug, 2020, 07.26 AM IST
- DoT challenges NCLT nod to Aircel resolution planThe Department of Telecommunications alleged that Aircel’s resolution blueprint is a “liquidation plan” not aimed at reviving the bankrupt ...18 Aug, 2020, 11.26 PM IST
- The little-known Delhi firm behind the Rs 16,000-crore bid for Anil Ambani's telecom assetsAmid rising speculations around RCom's final fate, UVARCL has generated a lot of interest in industry and media circles.05 Aug, 2020, 02.23 PM IST
- Resolution plan: NCLT to take call on Reliance Communications' assets on WednesdayThe National Company Law Tribunal (NCLT) will decide on August 5 if UV Asset Resolution Co Ltd (UVARCL) and Reliance Jio Infocomm (Jio) are...03 Aug, 2020, 12.40 PM IST
- UVARCL expects demand for Aircel spectrumRitesh Aggarwal, the chief financial officer told ET that valuation of airwaves and other assets would have been higher owing to six to sev...22 Jun, 2020, 09.09 AM IST
- NCLT reserves order on resolution plan of AircelIn the resolution plan mentioned in National Company Law Tribunal on Monday, this realisation of Rs 6,600 crore will happen when UVARCL man...18 Feb, 2020, 07.26 AM IST
- NCLT reserves order on resolution plan of AircelIn the resolution plan mentioned in National Company Law Tribunal ( NCLT) on Monday, this realisation will happen when UVARCL manages to se...17 Feb, 2020, 09.40 PM IST
- Lenders may net Rs 20,000 crore: Jio, UV Asset Recast Co top bidders for RCom assetsBankers have named Jio as the preferred bidder for the tower and fibre assets housed in Reliance Infratel, while UVARCL will acquire the sp...15 Jan, 2020, 07.30 AM IST
- Lenders approve UVARCL proposal to acquire AircelIndustry watchers say it will be one of the biggest haircuts in a big-ticket insolvency.18 May, 2019, 07.48 AM IST
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