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VIJAYKUMAR V IYER
Aircel insolvency: Plea in Supreme Court for interim sale of right to use of spectrumThe former Resolution Professional of Aircel entities has requested the Supreme Court's permission to sell the right to use spectrum on an ...
Future Retail’s resolution professional invites new EoIs, offers 2 bid optionsDeloitte India-backed resolution professional Vijaykumar V Iyer has announced two options for interested bidders to submit their EoIs. Unde...
Aditya Birla Idea Payments Bank files for voluntary liquidationEarlier, Aditya Birla Idea Payments Bank had announced winding up its biz due to unanticipated developments.
NCLT approves of Dalmia Cement to rescue Murli Industries but with conditionsIf the changes are not acceptable to Dalmia, Murli Industries will be liquidated. Dalmia Cement (Bharat) refused to offer a comment at this...
Liquidation worry as Aircel strugglesThe lenders also did not grant their consent to the proposal to roll out 15 days of April salaries for about 3,000 employees who have not b...
Dalmia wants to vet UltraTech’s resolution plan for Binani CementIn a letter, Dalmia Cements said it wants to examine, “the various assumptions, the scheme and the revival proposal that form the basis of ...
Supreme Court rejects Dalmia Bharat's plea challenging NCLT's Binani orderDalmia Bharat had expressed disappointment with the order had said that it will explore all options including challenging the NCLT order be...
Vodafone, Idea may take legal action against Aircel to recover duesAircel owes about Rs 60 crore to Idea Cellular including interconnect usage charges (IUC), and a similar estimated amount to Vodafone India...
Over 5,000 Aircel staff await salary duesResignations with little follow-up action on replacements are wreaking havoc on the organisational structure. “
Hopes afloat for Dalmia Bharat in bid to acquire Binani CementThe source said an unsecured creditor, Exim Bank, having exposure of about Rs 620 crore, has filed an application for maximising value in t...
Dalmia Bharat, UltraTech remain keen in Binani despite 'fraud'The Resolution professional (RP) Vijaykumar V Iyer has moved the National Company Law Tribunal (NCLT), alleging suspect and fraudulent tran...
NCLT believes Aircel has potential to revive businessOne of the operational creditors, which filed to be party to the case to protect its dues of almost Rs 1,000 crore, has been allowed to lod...
Dalmia Bharat consortium emerges as highest bidder for Binani CementThis will probably the first debt resolution under the bankruptcy court where lenders won't have to take any haircut on the loans outstandi...
Binani Industries approaches to NCLT over Binani Cement saleIn the plea, Binani Industries has also sought permission to interact with the bidders and financial creditors and other stakeholders of Bi...
Bhushan Steel IRP again extends date for bid submissionThrough a notification on January 17, 2018 the company informed that the date has been further extended to January 25, 2018.
15 firms keen on bankrupt Binani CementThe bank has appointed Vijaykumar V Iyer as the resolution professional.
NCLT says no to Deloitte’s Vijaykumar V Iyer as IRP in Rs 44,000 crore Lanco Infratech caseThe court has appointed Savan Godiawala as IRP based on the recommendation made by IDBI Bank which has initiated the bankruptcy proceedings.