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    1. Business News
    2. Authors
    3. shamik paul

    Shamik Paul

    Essar Steel, Article 29A, IBC bill 2017, National Company Law Tribunal
    Essar Steel bid decision likely only after clarification on Article 29A

    The article spells out the criteria on the basis of which a bidder can be considered ineligible to bid for…

    By Shamik Paul
    March 13, 2018 04:20 IST
    Monnet Ispat, lenders, aion, jsw bid, sion bid, state bank of india
    Monnet Ispat: Lenders to vote on Rs 3,750-crore Aion-JSW bid in 10 days

    The consortium of lenders to Monnet Ispat, led by State Bank of India, are expected to complete the voting process…

    By Shamik Paul
    March 9, 2018 01:03 IST
    bhushan steel, tata steel, steel industry, steel sector, National Company Law Tribunal
    Bhushan Steel takeover: Tata Steel bids the most, IRP confirms

    All-cash offer gave it an edge over rival bidder JSW Steel; if successful would be the first large deal under…

    By Shamik Paul
    March 8, 2018 06:28 IST
    ibc, ibc nirms, banking sector, msmes, nclt
    Resolution plan: Government may amend IBC norms to reduce voting share

    The 75 pct threshold is likely to be brought down to 65-66 pct.

    By Shamik Paul
    March 8, 2018 06:03 IST
    Essar Steel, steel industry, steel sector, economy
    Bankruptcy proceedings: Essar Steel bids to be studied on Wednesday

    CoC meet deferred from Monday as RP yet to get advisers’ advice; Numetal, ArcelorMittal bids ‘legally sound’

    By Shamik Paul
    March 6, 2018 06:33 IST
    indusind, indusind insurance, indusind mutual fund
    IndusInd Bank to set up insurance, Mutual Fund subsidiaries

    While an acquisition in the life insurance sector would be the most capital intensive, less capital will be required for…

    By Shamik Paul
    February 28, 2018 04:25 IST
    NCLT, Essar steel, committee of creditors, ArcelorMittal, Numetal, State Bank of India, Reserve Bank of India, Mauritius, Rewant Ruia
    Lenders may approach NCLT on bidders eligibility for Essar Steel

    The committee of creditors (CoC) to Essar Steel is likely to approach the National Company Law Tribunal (NCLT) regarding the…

    By Shayan Ghosh
    Updated: March 22, 2018 17:00 IST
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