Biggest News Aggregation in the World
📰 Ramkrishna Forging News

Ramkrishna Forging News Today

Fast, Ad-Free News Updates

Stay updated with breaking news from Ramkrishna Forging. Real-time updates on events, politics, business and more.

ACIL insolvency: SC relief to lenders

The apex court said “it is well within the Committee of Creditors domain as to how to deal with the entire debt of the corporate debtor.” If after repeated negotiations, a resolution plan had been approved by the CoC with a majority vote of 88.56%, such commercial wisdom was not required to be called into question or casually interfered with, it added.
Justice Vikram Nath Ravindra Loonkar Committee Of Creditor Even The National Company Law Appellate Tribunal Acil Ltd Supreme Court On

Jmt Auto: NCLT okays Ramkrishna Forgings' bid to acquire Amtek Group arm, ET Auto

The bankruptcy court has approved Ramkrishna Forgings bid to acquire JMT Auto, a subsidiary of the Amtek Group, through the corporate insolvency resolution process. Ramkrishna Forgings will offer INR 125 crore to acquire JMT Auto, which has admitted financial liabilities of over INR 165 crore. This acquisition is seen as a positive development in the manufacturing sector and may lead to more acquisitions through the Insolvency and Bankruptcy Code (IBC).
Amtek Group Ramkrishna Forging Bankruptcy Code Jmt Auto Axis Bank Ramkrishna Forgings

NCLT okays Ramkrishna Forgings' bid to acquire Amtek Group arm

The bankruptcy court has approved Ramkrishna Forgings bid to acquire JMT Auto, a subsidiary of the Amtek Group, through the corporate insolvency resolution process. Ramkrishna Forgings will offer ₹125 crore to acquire JMT Auto, which has admitted financial liabilities of over ₹165 crore. This acquisition is seen as a positive development in the manufacturing sector and may lead to more acquisitions through the Insolvency and Bankruptcy Code (IBC).
New Delhi Ashok Kumar Bhardwaj Pardeep Kumar Sethi L Badri Narayanan Amtek Group National Company Law Tribunal

Stay Updated with Latest News

Get breaking news updates delivered to your inbox

Browse All News →

A Social enterprise AdMyBinn raises seed funding led by Harsh Vardhan Agarwal

New Delhi [India], November 2 (ANI/ATK): A Kolkata-based social enterprise, AdMyBinn, has recently secured seed funding at a valuation of Rs 7 crores from Harsh Vardhan Agarwal, Executive Director, Ori-Plast Ltd. The funding will expedite the company's growth plans of expanding to new cities, railway stations, building teams, and technology to serve their notion to a more exhaustive extent for completing the chain of lifecycle waste management (Creating Infrastructure-Collection-Safe Disposa...
West Bengal New Delhi Uttar Pradesh Vardhan Agarwal Ankit Agarwal Plast Ltd

Explore More Categories

World News India News Business Technology Sports Entertainment Health Science