India Ratings and Research (Ind-Ra) believes that asset reconstruction companies’ (ARCs) key focus in the near-to-medium term would be largely to acquire mid-sized assets, given the capital constraints and a paradigm shift... Read more »
Schaeffler India Limited has announced that the Hon’ble National Company Law Tribunal (‘NCLT’), Mumbai has on September 7,2018, approved the Scheme of Amalgamation filed before it by the Company and INA Bearings India... Read more »
State-run United Bank of India (UBI), which received about Rs 676 crore from two stressed accounts through resolution in the NCLT, is expecting to recover Rs 3,000 crore in this route, its... Read more »