Search For "resolution plan"
Jet good aviation property, resolution plan ready to bail it out: SBI
Updated : 6 years, 12 months ago IST
New Delhi [India], Mar 20 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar said on Wednesday that all lenders have been working on a resolution plan to bail out the debt-laden Jet Airways and sending it to bankruptcy is the last option.
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All conditions for resolution plan must be met to bail out Jet Airways: SB
Updated : 7 years ago IST
Mumbai (Maharashtra) [India], Mar 9 (ANI): State Bank of India (SBI) Chairman Rajnish Kumar said on Saturday that the comprehensive resolution plan to bail out Jet Airways will be implemented if all conditions by all stakeholders are met.
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'Jet Airways will re-emerge as viable, robust airline'
Updated : 7 years ago IST
New Delhi [India], Feb 26 (ANI): Debt-laden domestic airline Jet Airways and its principal shareholders, including Etihad Airways, have said that they are working towards finalisation and subsequent implementation of bank-led provisional resolution plan (BLPRP) to ensure that the carrier re-
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Reliance Communications to approach NCLT for debt resolution
Updated : 7 years, 1 month ago IST
Mumbai [India], Feb 3 (ANI): The management of Reliance Communications Limited (RCOM) has decided to approach the National Company Law Tribunal (NCLT) with a debt resolution plan which includes among other things the sale of all telecom infrastructure assets and spectrum, said a company spok
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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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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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