Searched for
VOVL
Venugopal Dhoot moves SC against order upholding separate insolvency for Videocon Industries Ltd and VOVLVideocon founder Venugopal Dhoot has approached the Supreme Court. He is challenging a recent appellate tribunal order. This order allows s...- NCLAT upholds separate insolvency processes for Videocon Industries and Videocon Oil VenturesThe NCLAT has upheld separate insolvency proceedings for Videocon Industries Ltd (VIL) and Videocon Oil Ventures Ltd (VOVL), overturning an...
- NARCL may bid ₹900 cr for Videocon Oil's over ₹30,000 cr debtNational Asset Reconstruction Company of India (NARCL) plans to bid approximately ₹900 crore for Videocon Oil Ventures' (VOVL) stressed deb...
- SC rejects Venugopal Dhoot's appeal to halt foreign asset dealings in Videocon insolvency caseThe Supreme Court has rejected Venugopal Dhoot's appeal to restrain lenders from dealing with foreign oil and gas assets in Videocon Oil Ve...
- NCLT approves BPCL subsidiaries acquisiton of VoVL"The argument raised...that ROFR acts against there being a level playing field is equally fallacious. Being fully aware of the ROFR availb...
- Arcil among investors eyeing IDBI bad loansAround twelve investors, including Asset Reconstruction Company India (Arcil), Aditya Birla ARC, Invent ARC, Omkara ARC, ASREC, UV ARC, Alc...
- IDBI Bank moves to sell Rs 8,843 crore of bad loansThe assets on the block are a dozen cases including loans to Videocon Oil Ventures (VOVL), Jaiprakash Associates (JAL) and Wind World, whic...
- VoVL’s lenders vote in favour of resolution plan by BPCLThe resolution professional will submit the plan to the National Company Law Tribunal (NCLT) for approval. The resolution of VoVL will be a...
- BPCL agrees to match Brazilian companies' bids for two VOVL Oil assetsBPCL's subsidiary BPRL Ventures BV had entered into a 50:50 joint venture with Videocon's subsidiary Videocon Energy Brazil for oil and gas...
- VoVL lenders green light sale of oil basins to two Brazil firms, with a riderBrazilian gas operators Eneva S A and PetroRio have been approved to buy two and one oil basins, respectively, from oil and gas exploration...
- Lenders to Videocon's oil arm to vote on four resolution plansThe resolution professional Pravin Navandar invited lenders to vote on the four plans from March 30.
- NARCL plans improved Rs 1,200-cr offer for Videocon Oil and VenturesLenders rejected NARCL's ₹860-crore offer in mid-November because it was very low. At a meeting in December between the lenders and NARCL, ...
- VOVL gets 6-month extension for resolution planThe Mumbai bench of the National Company Law Tribunal (NCLT) has also allowed the resolution professional's plea to exclude the period duri...
- With an ₹860 crore VOVL bid, NARCL eyes the single-largest debt buyout by any ARCNARCL's offer has an 15:85 structure - 15% of the consideration will be upfront cash while the balance will be in security receipts (SRs) p...
- VOVL gets 4 bids, top offer less than 10% of claimsEneva Brazil has given the highest offer of ₹2,800 crore, or the equivalent of $350 million, which is about 9% of claims, one of the person...
- ONGC Videsh, Prudent ARC make binding offers for Venugopal Dhoot's VOVLLenders led by the State Bank of India are hoping to recover at least one-third of loans or ₹9,000 crore-₹10,000 crore given to VOVL, earli...
- ONGC agrees to join Videocon arm resolution on lenders' callThe RP has received two binding bids --- from Petro Rio SA of Brazil and Geneva SA of Brazil --- and these bids will be opened along with t...
- Banks expect to recover Rs 12K cr from sale of Videocon's oil blocks in BrazilBankers are expecting to recover as much as Rs 12,000 crore or $1.6 billion from the sale of Videocon’s Brazil oil blocks after a spurt in ...
- Vedanta, Murphy, others in race for $1 billion stake in Brazil oil blocksThe banks have issued requests for proposal to the potential bidders after they put in expressions of interest. All four are carrying out d...
- Tussle on over global oil assets of VideoconIf assets are not sold, the share which would have come to the Indian co will go to an Indonesian firm.
Load More
