Updates under IBC as on Sept 14, 2018

Essar Steel auction: After ArcelorMittal, Numetal moves Supreme Court against NCLAT order

Source: IBC

Power NPAs: SC transfers all pleas challenging RBI notification to itself

Source: IBC

Insolvency: NCLT admits case against West Bengal govt entity

Source: IBC

Bhushan Power operational performance improves

Source: IBC

Govt may set-up special courts under NCLT to take on rising insolvency cases

Source: IBC

NCLAT clarifies ‘dispute’ under the insolvency code

Source: IBC

“Sent High-Profile Fraud List To PM’s Office”: Raghuram Rajan’s Bombshell

 Source: IBC

Challenge Against RBI Circular On Stressed Assets By Power Companies: SC Transfers All Pending Matters Before HCs To Itself, Orders Status quo [Read Order]

Source: IBC

Supreme Court to take up Arcelor’s plea on Numetal’s Essar bid

Source: IBC

Raghuram Rajan’s prescription to avoid NPAs: Distance PSU banks from govt

Source: IBC

SC appoints NBCC to construct stalled projects of Amrapali Group

Source: IBC

Don’t interfere in insolvency resolution proceedings: SC to NCLT/NCLAT

Source: IBC

NCLT/NCLAT shouldn’t interfere in insolvency resolution proceedings: Supreme Court

Source: IBC

NuMetal A “Shell Company”, Can’t Bid For Essar Steel, Says ArcelorMittal

Source: IBC

Mittal’s Essar bid overly complicated by legal drama

Source: IBC

Lessons unlearnt: Raghuram Rajan’s explanations for NPA crisis provide a template for banking reforms

Source: IBC

Insolvency and Bankruptcy Code showcases an NDA syndrome: Policies implemented without analysis.

Source: IBC

Race for Essar Steel: NuMetal ineligible to bid, ArcelorMittal to SC

Source: IBC

When steel turned into gold for Tata, Vedanta, ArcelorMittal: How IBC converted NPA volcanoes into gold mines

Source: IBC

NuMetal ineligible to bid for Essar Steel: ArcelorMittal to  bid for Essar Steel: ArcelorMittal to SC

Source: IBC