Gupta plans to silence sceptics with the float of Australian arm – The Sydney Morning Herald

Arrium went into voluntary administration the year before with debts of $2 billion, having reported an annual loss of $1.9 billion. Through his Gupta Family Group (GFG) Alliance of family-owned businesses, Mr Gupta has gone on a multi-billion pound global spending spree over the past four years, snapping up distressed industrial assets. However, questions have…

BS LTD. – Corporate Insolvency Resolution Process (CIRP)-Outcome of meeting of Committee of Creditors – The Hindu BusinessLine

As intimated earlier, the 5th Meeting of the COC was held on Tuesday, the 5th day of March, 2019 at 304, 3rd Floor, Trendeset Towers, Road No.2, Banjara Hills, Hyderabad – 500 034.Among other items inter-alia discussed at the meeting, the following were put for electronic voting and were duly passed:1. Approved Evaluation Matrix and…

Alok Industries Ltd. – Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal – The Hindu BusinessLine

Pursuant to the verbal order pronounced by the Honble Bench of Honble National Company Law Tribunal (Ahmedabad) on March 8, 2019, the resolution plan dated April 12, 2018 submitted by Reliance Industries Limited, JM Financial Asset Reconstruction Company and JM Financial Asset Reconstruction Company Limited (as trustee to JMF ARC – March 2018 – Trust)…