Insolvency resolution: Tatas, Vedanta defend bids for Electrosteel – Business Standard

Counsel for Vedanta and Tata Steel on Thursday argued before the Kolkata bench of the National Company Law Tribunal (NCLT) that their clients were eligible bidders for Electrosteel Steels, currently undergoing insolvency resolution. Renaissance Steel India, also a bidder for Electrosteel, had moved the tribunal, challenging the eligibility of Tata Steel and Vedanta. Tata…

Joanne McCarthy | Two ways to look at accountability in the building industry – Newcastle Herald

THIS is a column about two articles, both written by me last week. The first was about unit owners in a building facing large special levies because of defects, where the builder/developers companies were voluntarily wound up. The second was union fines after industrial action. The two articles are unrelated but a few things struck me as I worked on them, which is…

Banks blamed for first fall in applications for debt deals – Independent.ie

Stock Photo Banks blamed for first fall in applications for debt deals Independent.ie THERE has been a fall in the number of people applying for official debt deals. https://www.independent.ie/business/personal-finance/property-mortgages/banks-blamed-for-first-fall-in-applications-for-debt-deals-36710478.html https://www.independent.ie/incoming/article36303344.ece/16c28/AUTOCROP/h342/stock-finance-bills-thinkstock.JPGfdg Email THERE has been a fall in the number of people applying for official debt deals. The drop is despite Ireland having one of the…