Get latest articles and stories on Latest News at LatestLY. Lenders to Reliance Capital may extend the last date for submission of bids for acquiring the debt-ridden financial services company till August 10 after key bidders made such a request, sources said. Latest News | Deadline to Submit Reliance Capital Resolution Plans Likely to Be Extended.
Mumbai (Maharashtra)/New Delhi [India], May 30 (ANI/NewsVoir): Cyril Amarchand Mangaldas acted as the legal counsel to Nithia Capital Resources Advisors LLP and Jai Saraf (Resolution Applicants) in connection with the submission, negotiations with the committee of creditors and implementation of resolution plan for Crest Steel and Power Private Limited (Crest Steel), a company undergoing corporate insolvency resolution process under the provisions of the Insolvency and Bankruptcy Code, 2016, as amended (IBC).
Pipavav Shipyard, the largest drydock in India owned by R-Naval, is currently undergoing NCLT driven debt resolution process.Swan Energy, in consortium with Hazel Mercantile Limited, is one of the two Resolution Applicants shortlisted by the .