Showing results for "#Committee of Creditors"
Go First gets 90-day breather from NCLT
The NCLT directed that the resolution plan be completed within the stipulated time period which ends on February 4, 2024.
Reliance Capital binding bids deadline extended to Nov 20
22 Oct 2022 3:41 AM ISTThis extension has been granted in view of NCLT recently approving a 90 days extension for the completion of the overall resolution process, by...
Reliance Capital lenders finalise e-auction plan for bidders
9 Dec 2022 6:47 PM ISTThe bid price of Rs 5,300 crore quoted by the Cosmea-Piramal consortium will be the base price for the planned auction, and in the round one, the...
NARCL highest NPV bidder with Rs 5,555 cr offer in Srei resolution
5 Jan 2023 4:49 AM ISTNARCL’s net present value bid, submitted in the 10-hour-long “challenge mechanism” conducted by the committee of creditors (CoC) on Tuesday,...
RCap resolution: NCLAT allows lenders’ plea to bid afresh
3 March 2023 4:30 AM ISTA two-member bench of NCLAT also said lenders of Anil Ambani-promoted Reliance Capital had the power to negotiate and call for a higher bid
Lenders of Reliance Capital to meet on Monday to consider bidders'...
23 April 2023 6:20 PM ISTAccording to sources, both the bidders have made it clear to the Committee of Creditors (CoC) that unless the issues raised by them are duly resolved...
Hinduja group offers to infuse Rs 300 crore in Reliance General...
27 April 2023 6:12 PM ISTReliance General Insurance had sought Rs 600 crore cash infusion from lenders in December last year to meet solvency requirements of the IRDA. The...