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Essar Steel verdict: What's next for bankruptcy law? | Economic Times
India's insolvency resolution framework has truly arrived after a tortuous journey of three years. Banks will finally be able to keep out unscrupulous promoters with the law establishing the primacy of financial lenders on asset proceeds. ET's Saloni Shukla reports. (Text: ET Bureau)
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Watch Essar Steel verdict: What's next for bankruptcy law? | Economic Times With HD QualityBy The Economic Times | 373 views
NCLAT's Essar Steel ruling set aside: Everything you need to know | Economic Times
The Supreme Court on Friday set aside the July 4 order of the NCLAT approving ArcelorMittal's Rs 42,000-crore bid for acquiring debt-laden Essar Steel. A bench headed by Justice RF Nariman quashed the NCLAT order which had given financial creditors equal status with operational creditors in the distribution of ArcelorMittal's bid amount. The bench clarified that financial creditors enjoy primacy and the adjudicating authority cannot interfere with the decision approved by the committee of creditors. ET's Karunjit Singh has more. (Text: PTI)
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Watch NCLAT's Essar Steel ruling set aside: Everything you need to know | Economic Times With HD QualityBy The Economic Times | 295 views
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Special Briefing on the Visit of President of Maldives to India (August 02, 2022)
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IND vs ENG | World Cup T20 2024 | Match Preview and Stats | Fantasy 11 | Crictracker
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Ex-PAK captain Inzamam accuses India, Rohit delivers a Sherlock-worthy explanation.By CricTracker | 6253 views
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Monsoon | Shimla | Damage
The southwest monsoon has wreaked havoc as soon as it entered Himachal Pradesh. This time, compared to last year, the first rain of the monsoon has caused heavy damage in many places in Shimla. Heavy rains have brought a lot of debris on the road in Malyana, Chamiyana, Bhattakufar, Mini Kuftdhar and Shurala and other places in the city. Many vehicles parked on the roadside have been buried under the debris. Landslides have caused damage at many places. Vehicles have been damaged by the debris of the under-construction four-lane in Shurala.
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Monsoon | Shimla | DamageBy Himachal Abhi Abhi | 6104 views