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MAHENDER KHANDELWAL
BPSL’s ex-RP files review plea in SC over cancellation of JSW Steel takeoverBhushan Power and Steel's former resolution professional, Mahender Khandelwal, has filed a review petition in the Supreme Court following t...- Along with the Bhushan Power and Steel, JSW Steel case, RP under the spotlight, tooThe Supreme Court stopped JSW Steel's purchase of Bhushan Power and Steel. This decision highlights Mahender Kumar Khandelwal's role. He wa...
- Dharampal Satyapal Group wins bid for Viceroy Bangalore HotelsDharampal Satyapal Group has won the bid for Viceroy Bangalore Hotels, which owns the Marriott-managed five-star Renaissance Bengaluru Race...
- ED attaches assets of Rs 1.74 cr in PMLA case against BPSLThe ED has attached properties worth Rs 1.74 crore in connection with its money laundering probe linked to an alleged bank fraud in Bhushan...
- Supreme Court rejects Ebix’s plea to withdraw Rs 400 crore offer for EducompEbix has claimed that the RP withheld information about such investigations from it and has cited the investigations as one of the reasons ...
- BPSL's ex chairman Sanjay Singal gets bail in money laundering caseWhile granting bail, the court recorded differences between details of the probable and actual proceeds of crime submitted by the Enforceme...
- NCLT approves JSW Steel's Rs 19,700 crore bid for Bhushan Power & SteelNCLT has approved JSW Steel's Rs 19,700 cr resolution plan for debt-ridden Bhushan Power & Steel Ltd.
- NCLAT turns down Tata's plea to bid for Bhushan Power and SteelThe asset has been hotly contested with JSW submitting a bid higher than that of Tata's and Liberty House much later in the process.
- Lenders to vote on JSW’s new offerJSW had initially offered upfront payments of Rs 11,500 crore to BPSL’s lenders against Tata Steel’s offer of Rs 17,000 crore.
- Bhushan Power & Steel IRP alleges leak of CoC meeting deliberations"Today CoC meeting of Bhushan Power & Steel was held .... Surprisingly, sanctity and confidentiality of meeting was breached ... news of de...
- BDO reaches an out-of-court deal with Bhushan, Jyoti IRPsThe IRPs would complete the debt resolution proceedings at the two companies even though they have resigned from BDO.
- NCLT puts Bhushan Power & Steel's insolvency resolution process on holdFollowing this, the creditors' meeting that was supposed to be held on Wednesday has been cancelled until a final order for the case comes ...
- Final resolution plan for Educomp Solutions submitted to NCLTEbix Inc, a supplier of on-demand software solutions and e-commerce services to the insurance industry in offshore and custom software deve...
- Bhushan Power resolution plan by month-end: Khandelwal"Resolution plans for Bhushan Power & Steel Ltd are already in the process and the same are likely to be finalised within March 2018," Khan...
- BDO takes IRPs of Bhushan Power, Jyoti Structures to courtThe interim resolution professionals had resigned from the Belgian company’s arm as partners in January to join rival PwC.
- 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.
- Creditors reject Liberty House bid for Bhushan Power and SteelRace for the takeover of the bankrupt firm to now be between Tata Steel and JSW steel; bids from the two interested entities were disclosed...
- 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...
- Liberty House keen on Bhushan Power bid but RP says it’s late“Liberty House will be bidding for Bhushan Power & Steel and in the coming few weeks we will be submitting (a bid for) the same,” a spokesp...
- UK-based Liberty House wants to bid for Bhushan Power & SteelThe Liberty bid is likely to value the company higher than the others, which means a smaller haircut for banks, an insolvency and bankruptc...
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