Saturday, Jun 15, 2024 | Last Update : 10:23 PM IST

committee of creditors

Jaypee Committee of Creditors decides to vote on NBCC bid

Bankers who participated in the CoC meet here opposed putting the NBCC's bid to vote and pitched for further negotiations.

15 May 2019 2:01 AM

Essar Steel CoC cannot discriminate between operational creditors, observes NCLAT

The NCLAT would continue the hearing in the matter on Wednersday.

24 Apr 2019 8:44 AM

New twist to Essar tale, SBI seeks to sell Rs 15,000 cr bad loans

SBI has put the reserve price for the recovery of bad loans from Essar Steel India at Rs 9,587.64 crore.

17 Jan 2019 10:51 AM

Ruias offer Rs 54,389 crore to retain Essar; ArcelorMittal opposes

The fresh offer for settlement by Essar Steel has been made under Section 12A of the IBC.

26 Oct 2018 10:15 AM

JSW Steel most likely winner for Bhushan Power

CoC may wait till October 22 when Tata Steel’s plea challenging re-bids will come up for hearing before NCLT.

16 Oct 2018 10:01 AM


JSW Steel seeking legal opinion if can bid solo for Essar Steel: Official

JSW Steel had teamed up with NuMetal to place a Rs 37,000-crore offer for Essar Steel in the second round of bidding.

09 Oct 2018 4:59 PM

Two independent directors of Jaypee Infratech resign

IRP will place the resignations for acceptance in the next meeting of the Committee of Creditors.

10 Sep 2018 5:21 PM

Ruchi Soya up 5 pc as lenders approve Adani Wilmar's Rs 6,000-cr bid

Adani Wilmar's bid was approved by the committee of creditors (CoC) with about 96 per cent votes in its favour.

24 Aug 2018 12:27 PM

JSW Steel makes Rs 19,700 crore offer for Bhushan Power and Steel

The bids were submitted for the second time to the CoC late night on August 13.

16 Aug 2018 5:47 PM

Insolvency amendment bill to benefit one industry, says Opposition

The insolvency law empowers home buyers to be recognised as financial creditors.

23 Jul 2018 4:51 PM


NCLAT allows lenders to meet and finalise Bhushan Power bid

Vacating its earlier stay, the appellate tribunal has directed the CoC of the company to consider the resolution plans.

20 Jul 2018 12:41 PM

Vedanta acquires management control of Electrosteel Steels

Vedanta Ltd had last week deposited an upfront amount of Rs 5,320 crore also in the escrow account of Electrosteel Steels Ltd.

11 Jun 2018 2:29 PM

Patanjali to submit revised bid tomorrow to acquire Ruchi Soya

Patanjali group has submitted its undertaking of having no objection to the 'Swiss Challenge' process adopted by the lenders.

10 Jun 2018 5:55 PM

SC restrains finalisation of Binani Cement asset sale till further orders

The top court also said that further proceedings will be subject to its orders.

04 Jun 2018 7:48 PM

Got letter of intent from lenders to acquire Binani, says UltraTech

The Committee of Creditors of Binani Cement on May 28 approved the resolution Plan submitted by UltraTech Cement.

30 May 2018 7:45 PM


Vedanta asks NCLAT to lift stay over Electrosteel sale status quo

Renaissance has submitted before NCLAT that Vedanta is not eligible to bid for Electrosteel under section 29 A.

28 May 2018 5:25 PM

NCLT asks Bhushan Steel CoC to consider Liberty House bid

NCLT has directed the committee of creditors (CoC) to complete its resolution proceedings by June 23.

23 Apr 2018 12:24 PM