Tue, Aug 03, 2021
Banks have accepted haircut up to 95%, which goes against the intent of Insolvency and Bankruptcy Code (IBC)
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Tue, Apr 28, 2020
In a major development, the Insolvency and Bankruptcy Board of India (IBBI) has excluded the liquidation timeframe for bankrupt companies from the lockdown period.
Fri, May 04, 2018
The world’s largest steelmaker ArcelorMittal on Thursday asserted that its bid for debt-laden Essar Steel is “eligible” and indicated that any pay off towards outstanding dues of Uttam Galva, a firm in which it was a minority shareholder till sometime back, would be a “goodwill gesture”.
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