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FACOR BANKRUPTCY
Committee of Creditors to mull, finalize Lavasa takeover bids on MondayLast year a consortium led by Haldiram Snacks and two property developers, namely Pioneer Facor IT Infradevelopers and Sanar Property had e...- Vedanta implementing resolution plan for acquisition of FACORIn a regulatory filing the company said, the consideration for the acquisition is in the form of "upfront cash and non-convertible debentur...
- Lenders can move insolvency plea against guarantor without initiating CIRP for defaulting co: NCLATIn a far-reaching judgement, the appellate tribunal said that corporate guarantors are also financial debtors.
- Any move on Facor liquidation only after NCLT rulingFacor’s committee of creditors (CoC) had rejected all resolution plans and conveyed the same to the NCLT on April 2.
- Orissa mining to e-auction chrome from second quarterBeginning second quarter, Odisha's state-owned mining firm will e-auction chrome, an ore essential to make stainless steel.
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