Jaypee creditors to vote on NBCC’s revised bid

The creditors’ panel of debt-laden Jaypee Infratech has reportedly decided to vote on the revised offer of NBCC as more than 20,000 home buyers favoured the voting process for the State-run firm’s bid even as bankers dissented. Continue Reading

NCLAT accuses RCom lenders of brazen attitude

The National Company Law Appellate Tribunal (NCLAT) slammed the lenders of Reliance Communications (RCom), especially the State Bank of India, for painting a rosy picture of the Anil Ambani-owned telco’s asset sale plan. Continue Reading