The Binani Committee of Creditors (CoC) is likely to meet on May 9 and discuss the revised bid of Ultra Tech Cement valued at around Rs 7900 crore for the debt-laden Binani Cement.
Bharti Infratel and Indus are likely to invest Rs 3,500 cr in operations as capital expenditure for 2018-19 as they continue to operate on 'business-as-usual' mode till their merger happens.
NCLT has suggested to IBBI that there is a need to review the insolvency code regulations to ensure that they are not "misused or misinterpreted".
Home buyers of Jaypee Infratech has written to IRP that the interests of thousands of people who booked flats in Jaypee Wishtown proj should be protected.
Jindal said section 29A-c of IBC shows the immaturity of the new bankruptcy laws and hoped that it may be dropped as the system matures.