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LIBERTY HOUSE BID
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- NCLAT allows withdrawal of Liberty House bid for ARGLA two-member bench, also pulled Liberty House for not pursuing the corporate insolvency resolution process after being selected as the high...
- NCLAT may look in issue of frivolous bids under CIRPThe appellate tribunal indicated that it may pass an order in this regard, where companies file "frivolous" bids in the corporate insolvenc...
- Bhushan Power lenders plan to call fresh bidsJSW’s offer is higher than that of Tata Steel which had emerged as a preferred bidder over second-placed rival Liberty House.
- Lenders disqualify Liberty house's bid for Bhushan PowerLiberty House’s bid of Rs 18,500 crore is higher than Rs 17000 crore offered by Tatas. JSW Steel had offered Rs 13,000 crore.
- Liberty House seeks a week to firm up commitments from its bankersAt a 12-hour meeting of the committee of creditors (CoC) on Monday where bidders Tata Steel, JSW Steel and Liberty House made presentations...
- Bhushan Power lenders decide against inviting fresh bidsAlthough Sanjeev Gupta-led Liberty House had submitted its bid days past the deadline for submissions, the NCLT had directed lenders to con...
- UK's Liberty House turn favourites to buy bankrupt Bhushan Power & SteelLiberty House's offer to make an upfront payment of Rs 18,500 crore to lenders of Bhushan Power & Steel trumped the Rs 17,000 crore offer b...
- Liberty House trumps Tata Steel bid for Bhushan PowerThe committee of creditors of Bhushan Power and Steel met today to open Liberty House's bid for the company after directions from the Natio...
- Adhunik Metaliks, bankers seek Liberty House loan infoIn a letter to the UK-based company, they sought to know the current status of the Rs 18-crore loan and why it didn’t mention it in the bid...
- NCLT asks Bhushan Steel creditors to consider Liberty House bidThe tribunal's order came over a petition filed by Liberty House, challenging the rejection of its bid by the RP for Bhushan Power and Stee...
- NCLT asks Bhushan Steel CoC to consider Liberty House bidAllowing the plea of Liberty House, the tribunal has directed the committee of creditors (CoC) to complete its resolution proceedings by Ju...
- Liberty House may be left out of bidding for bankrupt companiesAmtek Auto’s lenders and the insolvency professional are planning to seek NCLT’s view on Liberty House’s standing, according to two people ...
- ABG shipyard creditors reject liberty house bid yet againThe sole proposal in the second round of bidding was rejected by the committee of creditors, citing provisions of section 29 (a) of the IBC.
- Liberty House’s bid for ABG rejectedAccording to officials, the offer from Liberty House was not above the company’s liquidation value, which is pegged at Rs 2,200 crore.
- Bhushan insolvency process: NCLT asks RP to submit stand on Liberty bid by March 2UK-based Liberty House is also keen to buy Bhushan Power and Steel, for which the Tatas have emerged the highest bidder at Rs 24,000 crore.
- Bhushan Power bid: Liberty House plans to move NCLT this week"India should encourage entrepreneurs like us to invest in India," said a Liberty House spokesperson.
- Liberty House says it is the highest bidder for Bhushan Power & Steel, will go to court for itEarlier today the Committee Of Creditors not only rejected but also refused to open Liberty’s bid for failing to meet the February 8 deadli...
- Liberty House puts in Bhushan bidA meeting of the CoC will take place on Wednesday to discuss both the eligibility of the Liberty House bid as well as to review the plan su...
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