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NCLT okays Metalysts Forgings' acquisition by Deccan value-led group, ET Auto

"It (resolution plan) shall be binding on the corporate debtor (Metalysts Forgings), its employees, members, and creditors, including the central government, any state government or any local authority to whom a debt in respect of the payment of dues arising under any law for the time being in force is due, guarantors and other stakeholders involved in the resolution plan," the division bench of justice VG Bisht and technical member Prabhat Kumar said in its May 14 order. ....

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NCLT okays Metalysts Forgings' acquisition by Deccan value-led group

NCLT okays Metalysts Forgings' acquisition by Deccan value-led group
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Prabhat Kumar , Dinkar Venkatasubramanian , Supreme Court , National Company Law Appellate Tribunal , National Company Law Tribunal , Liberty House Group , Deccan Group Et Bureau , Metalysts Forging Acquisition , Deccan Value Led Group , Amtek Auto , Metalysts Forgings , Metalyst Forging , Deccan Value Investors , Arvind Dham Promoted , Bharat Forge , Value Investors , Deccan Value Investor ,

Resolution winner is bound by plan, SC rules in Metalyst Forgings case

Resolution winner is bound by plan, SC rules in Metalyst Forgings case
indiatimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indiatimes.com Daily Mail and Mail on Sunday newspapers.

Sanjiv Khanna , Dinkar Venkatasubramanian , Dipankar Datta , Committee Of Creditors Co , Supreme Court , National Asset Reconstruction Company Of India , Amtek Auto , Arvind Dham Promoted , Deccan Value Investors , Metalyst Forgings , Metalyst Forging , National Asset Reconstruction Company , Deccan Value , Ebix Singapore ,

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). ....

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