NEW DELHI: Dalmia Bharat Ltd will acquire the cement assets of Jaiprakash Associates Ltd (JAL) for more than Rs 2,500 crore, sources said, as the Adani Group moves to carve up and integrate key businesses of the infrastructure conglomerate following its acquisition under the insolvency process. The proposed transaction would give Dalmia Bharat control of…
Dalmia Bharat nears deal for JAL cement assets after Adani insolvency takeover: sources ThePrint Read the original article here
Personal guarantee enforcement and corporate insolvency resolution continues to generate significant judicial discourse under the Insolvency and Bankruptcy Code, 2016. A recent pronouncement by the National Company Law Appellate Tribunal, Principal Bench, New Delhi, in Amit Bhatnagar v. UCO Bank and Ors., Comp. App. (AT) (Ins) No. 2038 of 2024 and Comp. App. (AT) (Ins)…
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The family-run AA Carpets and Furnishings confirmed in April that it would be entering insolvency, writing on social media: “We recognise this will impact our customers, partners, and employees, and we sincerely apologise for any disruption caused.” Documents show that the firm has formally entered a Creditors’ Voluntary Liquidation, with Armstrong Watson appointed on May…
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REVEALED: Liquidator appointments for businesses in the Wattle Range council area for May 21 Adelaide Now Read the original article here
To use this website, cookies must be enabled in your browser. To enable cookies, follow the instructions for your browser below. Facebook App: Open links in External Browser There is a specific issue with the Facebook in-app browser intermittently making requests to websites without cookies that had previously been set. This appears to be a…