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Swan Energy shares surges 19% to hit one-year high today; here's why - Vimarsana News

Swan Energy shares surges 19% to hit one-year high today; here's why

Swan Energy share price: On BSE, around 11.20 lakh shares changed hands today. The figure was way more than the two-week average volume of 1.38 lakh shares. Turnover on the counter stood at Rs 41.33 crore, commanding a market capitalisation (m-cap) of Rs 9,844.10 crore.

bankruptcy courts: SC to look into consolidation of CIRP of two companies, to settle the law - Vimarsana News

bankruptcy courts: SC to look into consolidation of CIRP of two companies, to settle the law

The lenders, led by SBI, for Regen Powertech Pvt Ltd (RPPL), have asked for the Supreme Court's guidance regarding the possibility of merging insolvency proceedings for RPPL and its subsidiary, Regen Infrastructure and Services Pvt Ltd (RISPL), in order to expedite debt recovery. The Committee of Creditors (CoC) is challenging the NCLAT's decision to combine the proceedings and invalidate RPPL's approved resolution plan

Resolution Plan: 'indusind's Resolution Plan For Rcap Can't Drop Rel Gen Esops' | Mumbai News - Vimarsana News

Resolution Plan: 'indusind's Resolution Plan For Rcap Can't Drop Rel Gen Esops' | Mumbai News

Mumbai: Reliance General Insurance has obtained a legal opinion that states IndusInd Holding’s resolution plan cannot extinguish any stock options or .

Supreme Court Weekly Digest With Nominal And Subject/Statute Wise Index [September 11 – 17, 2023] - Vimarsana News

Supreme Court Weekly Digest With Nominal And Subject/Statute Wise Index [September 11 – 17, 2023]

Citations: 2023 LiveLaw (SC) 763 To 2023 LiveLaw (SC) 799SUBJECT WISE INDEXAdvocateIt is very unfortunate that the Advocates representing the State Government have to approach the Court of Law for...

Source: livelaw.in
Shyam Metalics arm gets NCLT nod to acquire Mittal Corp - Vimarsana News

Shyam Metalics arm gets NCLT nod to acquire Mittal Corp

The Indian bankruptcy court has approved the acquisition of steel maker Mittal Corp Ltd by Shyam Metalics and Energy Ltd. The successful bidder, Shyam Sel and Power Ltd, will pay Rs 351 crore, resulting in a 20% recovery for all creditors. The financial creditors' claim of Rs 1,587 crore will receive Rs 348.7 crore. The lenders had previously approved the revival plan with 100% voting in favor of Shyam Sel and Power.