Live Breaking News & Updates on Lokhandwala Kataria Construction Private

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Former promoters of defaulting companies that are under the insolvency process can hope to take back control of their companies if the debt resolution process fails to find new owners. The recent decision by consortium of lenders led by IDBI Bank to allow C Sivasankaran to take ownership of his company by paying an amount higher than the liquidation amount may have raised hopes of erstwhile promoters such as Naresh Goyal, Anil Ambani and Punj Lloyd. The companies once owned by these promoters including Jet Airways, Reliance Communications and Punj Lloyd are heading towards liquidation under the IBC process.
Bad precedent ....

Bharat Chugh , Naresh Goyal , Punj Lloyd , Abhishek Gupta , Daizy Chawla , Anil Ambani , Reliance Communications , Committee Of Creditors Co , Lokhandwala Kataria Construction Private , Jet Airways , Investment Managers , Ksingh Associates , Apex Court , Supreme Court , Independent Counsel , Lokhandwala Kataria Construction Private Limited , Civil Appeal , Principal Associate , Senior Partner , Idbi Sivasankaran Deal Raises Hoped For Other Defaulting Promoters , பாரத் சக் , னரேஷ் கோயல் , பூஞ்ச் லாயிட் , அபிஷேக் குப்தா , டெய்ஸி சாவ்லா , அனில் அம்பானி ,