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NCLT admits Aditya Birla ARC's insolvency plea

NCLT, Hyderabad, admitted Aditya Birla ARC s petition on guarantees by KSK Mahanadi Power promoters Sastry and Kishore for over Rs 4000 crore loans, including a tripartite agreement, in Chattisgarh. ....

Essel Group , Indiabulls Housing , Aditya Birla Arc , Ksk Mahanadi Power Company , Guarantee Agreement , State Bank Of India , Resolution Process ,

Arcil: Arcil among investors eyeing IDBI bad loans

Around twelve investors, including Asset Reconstruction Company India (Arcil), Aditya Birla ARC, Invent ARC, Omkara ARC, ASREC, UV ARC, Alchemist ARC, Phoenix ARC, and Prudent ARC, have shown preliminary interest in acquiring IDBI Bank s bad loans amounting to ₹8,842 crore. These distressed assets span 12 accounts, including VOVL, Jaiprakash Associates, and Wind World India. ....

United States , Aravali Infrapower , Asset Reconstruction Company India Arcil , Jeypore Sugar Company , Videocon Industries , Jaiprakash Associates , National Asset Reconstruction Company , Jaypee Associates , Aditya Birla , Wind World , Wind World India , Metalyst Forgings , Pink City Expressway , Mcnally Bharat Engineering , Idbi Bank , Aditya Birla Arc , Invent Arc , Bad Loans , Uv Arc ,