Updates under IBC as on Sept 11, 2018

1. NCLT gives Lanco Teesta 90-day extension for insolvency resolution

https://www.thehindubusinessline.com/companies/nclt-gives-lanco-teesta-90-day-extension-for-insolvency-resolution/article24896506.ece

2. Essar Steel: NCLAT Says Numetal’s Second Bid Eligible; Gives ArcelorMittal Till Sept. 11 To Clear Dues

https://www.bloombergquint.com/insolvency/2018/09/07/essar-steel-ibc-nclat-ruling-on-numetal-arcelormittal-bid#gs.wiPKp9g

3. Essar Insolvency: NCLATdeclares Numetal eligible; asks ArcelorMittal to clear dues

https://barandbench.com/nclat-declares-numetal-eligible-asks-arcelormittal-clear-dues/

4. Bhushan Steel launches primary health care unit in Odisha

https://www.moneycontrol.com/news/business/bhushan-steel-launches-primary-health-care-unit-in-odisha-2931731.html

5. Significance of regulation in real estate sector post RERA and IBC amendments

http://www.apnlive.com/business-news/breaking-newscast-economy/significance-of-regulation-in-real-estate-sector-post-rera-and-ibc-amendments-49184

6. 12 more power assets may face bankruptcy in India’s bad loan ..

https://timesofindia.indiatimes.com/business/india-business/12-more-power-assets-may-face-bankruptcy-in-indias-rs-14700-crore-bad-loan-problem/articleshow/65731159.cms

7. Why Is The Government Working At Cross Purposes With The Reserve Bank Of India?

http://www.businessworld.in/article/Why-Is-The-Government-Working-At-Cross-Purposes-With-The-Reserve-Bank-Of-India-/09-09-2018-159578/

8. NCLAT gives APTRANSCO‘one last chance’ to clear dues

https://barandbench.com/nclat-aptransco-last-chance-clear-dues/

9. Essar Steel’s Insolvency: Is Numetal One Up On ArcelorMittal?

https://www.bloombergquint.com/the-fineprint/2018/09/09/essar-steels-insolvency-is-numetal-one-up-on-arcelormittal#gs.p_0QK_A

10. The Bankruptcy and Insolvency Code could set ‘naamdars’ straight

https://www.hindustantimes.com/columns/the-bankruptcy-and-insolvency-code-could-set-naamdars-straight/story-x45TMKY1l0Hc3FDrLYZ0QO.html

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