Updates under IBC as on Sept 6, 2018

1. NTPC rejects lenders’ proposal, mulls other options

https://economictimes.indiatimes.com/markets/stocks/news/ntpc-rejects-lenders-proposal-mulls-other-options/articleshow/65679164.cms

2. Banks not out of woods as corporate stress remains

https://timesofindia.indiatimes.com/business/india-business/banks-not-out-of-woods-as-corporate-stress-remains/articleshow/65678574.cms

3. Sunil Hitech to go into bankruptcy motion – for excess use of Amex credit cards

https://www.moneycontrol.com/news/business/companies/sunil-hitech-to-go-into-bankruptcy-motion-for-excess-use-of-amex-credit-cards-2916921.html

4. Debt resolution under IBC process: Banks take 47% haircut in RBI first list

https://www.business-standard.com/article/finance/debt-resolution-under-ibc-process-banks-take-47-haircut-in-rbi-first-list-118090500038_1.html

5. Amrapali case: SC terms diversion of money a ‘serious fraud’

https://www.hindustantimes.com/india-news/amrapali-case-sc-terms-diversion-of-money-a-serious-fraud/story-1WHlxyf64p8IO2FGiHT4gL.html

6. NBCC to SC: Need Rs 8,500 crore to finish Amrapali projects

https://timesofindia.indiatimes.com/business/india-business/nbcc-to-sc-need-rs-8-500-crore-to-finish-amrapali-projects/articleshow/65677924.cms

Sep 6, 2018IBC Updates

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