Banks asked to prevent defaulters from buying stressed assets

The FinMin has asked banks to be vigilant to ensure that wilful defaulters are prevented from buying same stressed assets again, sources said.

Essar Steel output slides 15% after NCLT referral: Sources
Nov 13 2017

Output of Essar Steel has dropped 15 percent since the time the steelmaker was referred to the National Company Law Tribunal (NCLT).

Arrange Rs 2,000 cr before next hearing, SC tells Jaypee
Nov 06 2017

The SC told Jaypee Associates to keep Rs 2,000 cr ready before its next hearing as it refused to permit it a part deposit of Rs 400 cr by Friday.

India can be among World Bank top 50 on doing business: Jaitley
Oct 31 2017

Arun Jaitley said with India climbing over 30 places in a few years in World Bank's 'Ease of Doing Business' global rankings, getting into the top 50 countries.

McDonald's case: NCLAT adjourns hearing till Nov 16
Oct 25 2017

NCLAT adjourned the hearing on the plea filed by McDonald's Bakshi for a fair valuation of his stake at CPRL.

LIC Housing Finance withdraws NCLT plea against DB Realty
Oct 17 2017

LIC Housing Finance has settled loan dispute with DB Realty and also withdrawn its application before the National Company Law Tribunal to start insolvency process.

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