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NCLT admits Vadraj Cement for insolvency process

Vadraj Cement, previously known as ABG Cement, has been shifted from the Bombay High Court to the National Company Law Tribunal (NCLT) for debt resolution. The NCLT order allows lenders to potentially recover more than half of their dues. Adani Group, UltraTech Cement, and JSW Cement may bid to acquire the debt-laden company. ....

Chandan Kumar , Pulkit Gupta , Arcelor Mittal , Jc Flowers Asset Reconstruction Company , National Company Law Tribunal , Bombay High Court , Beumer Technology , Adani Group , Welspun Group , Vadraj Cement , Ultratech Cement , Asset Reconstruction Company , Rishi Agarwal , Enforcement Directorate , Money Laundering , Bankruptcy Code , Abg Cement , Jsw Cement ,

NCLT Orders Insolvency Proceedings Against Vadraj Cement

NCLT Orders Insolvency Proceedings Against Vadraj Cement
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Kr Saji Kumar , Jaypee Infratech , Prakash Shinde , Pulkit Gupta , Sanjiv Dutt , Suyash Shanker , Ruchita Jain , Central Bank , Punjab National Bank , Bombay High Court , Indian Overseas Bank , Alok Industries , Adani Group , Union Bank , National Company Law Tribunal , Vadraj Cement , Bankruptcy Code , Economic Times , Beumer Technologies India , Bhushan Power , Amtek Auto ,