Updates under IBC as on Sept 25, 2018

Lenders to decide on stressed power projects by October 10

https://economictimes.indiatimes.com/industry/energy/power/lenders-to-decide-on-stressed-power-projects-by-october-10/articleshow/65894067.cms

In a first, IL&FS group’s Tamil Nadu thermal power unit taken to NCLT

https://www.business-standard.com/article/companies/lenders-take-il-fs-unit-to-nclt-118092000845_1.html

Power sector NPA woes: Bankers to meet Thursday to discuss ways to resolve Rs 1.4 lakh crore debt

https://www.financialexpress.com/industry/power-sector-npa-woes-bankers-to-meet-thursday-to-discuss-ways-to-resolve-rs-1-4-lakh-crore-debt/1319899/

Corporation Bank in pact with NeSL

https://www.thehindubusinessline.com/money-and-banking/corporation-bank-in-pact-with-nesl/article24997587.ece

NCLAT wrongly allowed ArcelorMittal to pay dues after bidding for Essar Steel: NuMetal to SC

https://www.moneycontrol.com/news/india/nclat-wrongly-allowed-arcelormittal-to-pay-dues-after-bidding-for-essar-steel-numetal-to-sc-2970391.html