Search For "creditors"
Lenders of Ruchi Soya asked for rebidding: Ramdev
Updated : 7 years, 9 months ago IST
New Delhi [India], June 5 (ANI): Yoga guru Ramdev has said that the lenders of bankruptcy-hit Ruchi Soya Industries Limited have asked for rebidding between two bidders - Patanjali Ayurved and Adani Wilmer.
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Ruchi Soya creditors to meet to discuss Patanjali, Adani bid
Updated : 7 years, 9 months ago IST
New Delhi (India), May 29 (ANI): The committee of creditors of Ruchi Soya Industries Limited (RSIL) will meet on May 30 to hold deliberations on bids placed by Patanjali and Adani Wilmer.
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Ruchi Soya CoC to meet Patanjali, Adani Wilmer
Updated : 7 years, 9 months ago IST
New Delhi [India], May 25 (ANI): The Committee of Creditors (CoC) of Ruchi Soya Industries Limited will on Monday meet and hold deliberations on bids placed by Yoga guru Ramdev's Patanjali and Adani Wilmer.
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Bankers clear Ebix resolution plan for Educomp
Updated : 7 years, 10 months ago IST
New Delhi [India], April 25 (ANI): A 27-member Committee of Creditors (COC) consisting of 24 Educomp Solutions Limited (ESL) banks and lenders and three lenders of its subsidiary Edu Smart Services Private Limited (ESSPL) has recently cleared a proposal for the sale of ESL to Nasdaq-listed E
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FRDI bill to be more depositor friendly, clarifies Govt
Updated : 8 years, 3 months ago IST
New Delhi [India], Dec 7 (ANI): The Financial Resolution and Deposit Insurance Bill, 2017 (FRDI Bill) is far more depositor friendly than many other jurisdictions which provide for statutory bail-in, where consent of creditors / depositors is not required for bail-in, the Ministry of Financ
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IBBI strengthens norms for resolution plan approval
Updated : 8 years, 4 months ago IST
New Delhi [India], November 7 (ANI): The Insolvency and Bankruptcy Board of India (IBBI) on Tuesday amended its corporate insolvency resolution process regulations to ensure that as part of due diligence prior to approval of a resolution plan, the antecedents, credit worthiness and credibili
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Insolvency case: SC directs NCLT-appointed IRP to take over Jaypee's manag
Updated : 8 years, 6 months ago IST
New Delhi [India], Sep 11 (ANI): The Supreme Court on Monday directed National Company Law Tribunal (NCLT)-appointed Interim Resolution Professional (IRP) to take over Jaypee associates' management to work out a plan to protect the interests of homebuyers and creditors and also asked the rea
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