NCLAT asked CoC of Bhushan Power & Steel to proceed with the bids submitted by Tata Steel and UK-based Liberty House.
Shares of RCom moved up by 7.5 percent after the company moved NCLAT challenging the order of NCLT allowing a plea for its insolvency filed by Swedish telecom equipment major Ericsson.
NCLAT has directed the resolution professional, committee of creditors and NCLT not to pass any order in the matter related to insolvency resolution of Essar Steel.
RCom has moved NCLAT challenging the order of NCLT allowing a plea for its insolvency filed by Swedish telecom equipment major Ericsson.
NCLAT issued notice to the resolution professional (RP) and Committee of Creditors (CoC) of Bhushan Steel over the plea filed by its operational creditor L&T.
Shares of Bhushan Steel today rose nearly 5 percent after the NCLAT declined to stay Tata Steel's acquisition of the debt-laden firm under the corporate insolvency resolution process.
NCLAT declined to stay Tata Steel's acquisition of debt-laden Bhushan Steel under the corporate insolvency resolution process.
Renaissance Steel has approached NCLAT requesting to declare "ineligible" the Tata Steel's bid for the debt-ridden Electrosteel Steel's under IBC.
NuMetal told NCLAT it has offered over Rs 37,000 cr for Essar Steel in second-round of bidding, which should be opened and the highest bidder be selected from it.
Binani Industries offered to clear the 100 per cent claims of creditors at the National Company Law Appellate Tribunal.
Bags EPC packages of Purvanchal Expressway in Uttar pradesh of Rs 1738 Cr
Approved buyback of 29 Lk shares amounting Rs 200.2 Cr
Tamil Nadu Pollution Control Board ordered disconnection of electricity
Disconnection is applicable for copper smelter unit-I at Thoothukudi district
Order requires closure of unit with immediate effect
Thoothukudi copper smelter unit has not been operating since Mar 27
Launched Silver Options, Total Traded Contract Value at Rs 34.36 Cr
Option Positions are physically settled & are European Style Options
Enters into merger talks with NSE For Universal Exchange Framework: Business Standard Reports
R Damani sells 0.8% Stake at Rs 1360.2/Sh
Deal Value at Rs 643 Cr