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Committee Of Creditors Coc
Business  /  Published 19.11.21

Lenders seek fresh bids for Videocon

The committee of creditors (CoC) of Videocon Industries on Thursday asked the National Company Law Appellate Tribunal (NCLAT) to allow fresh bids for the company. In September, the lenders had approa...
By Our Bureau in Mumbai

Business  /  Published 14.09.21

No withdrawal of IBC plan

The Supreme Court on Monday held that a CoC-approved resolution plan submitted to the National Company Law Tribunal (NCLT) cannot be modified or withdrawn as it would create another tier of negotiatio...
By Our Bureau in New Delhi

Business  /  Published 28.08.21

Creditor role under IBC in focus

The corporate affairs ministry is working with the finance ministry, the Reserve Bank of India and the Indian Banks’ Association (IBA) on the issue of the conduct of the committee of creditors u...
By PTI in New Delhi

Business  /  Published 24.06.21

Blow to DHFL depositors

The committee of creditors (CoC) of Dewan Housing Finance Ltd (DHFL) has voted against a proposal to raise payouts made to fixed deposit holders and non-convertible debenture (NCDs) investors. If the...
By Our Special Correspondent in Mumbai

Business  /  Published 05.06.21

Revival hope for Incab

The National Company Law Appellate Tribunal (NCLAT) has quashed the ongoing liquidation of ailing cable maker Incab Industries and has ordered that a resolution process under the Insolvency & Bank...
By Sambit Saha in Calcutta

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Business  /  Published 30.05.21

Jaypee Infra final bids on June 4

Financial creditors of embattled Jaypee Infratech have decided to give more time to state-owned NBCC and Suraksha group to submit their final bids to acquire the realty firm through an insolvency proc...
By PTI in New Delhi

Business  /  Published 26.05.21

Order to vet Wadhawan offer stayed

The National Company Law Appellate Tribunal (NCLAT) has stayed an order which directed the lenders of DHFL to consider the offer by the mortgage firm’s erstwhile promoter Kapil Wadhawan. The NC...
By Our Special Correspondent in Mumbai

Business  /  Published 25.05.21

Wadhawan plan before NCLAT

The administrator of Dewan Housing Finance Ltd (DHFL) has moved the National Company Law Appellate Tribual (NCLAT) challenging last week’s order of the National Company Law Tribunal (NCLT) that ...
By Our Special Correspondent in Mumbai

Business  /  Published 25.05.21

Jaypee voting deferred

The financial creditors of Jaypee Infratech have deferred the voting process on the offer of the Suraksha group for the realty firm. Later this week, the creditors will decide on whether they will co...
By Our Special Correspondent in Mumbai

Business  /  Published 23.05.21

NBCC wants Jaypee offer put to vote

Days after the rejection of its bid to buy Jaypee Infratech, state-owned NBCC has questioned the jurisdiction of the interim resolution professional in submitting that the offer was non-compliant with...
By PTI in New Delhi


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