Some of functionality may not work while you disabled JavaScript. Enable JavaScript for better User Exprience.
Access here alternative investment news about Aion-jsw bid For Monnet Ispat Gets nclt Nod
Real Assets

Aion-jsw bid For Monnet Ispat Gets nclt Nod

by posted 7months ago 229 views
Monnet Ispat & Energy is third from RBI’s first list that will be taken over by new investors. : Mumbai: The National Company Law Tribunal (NCLT) has approved the bid of AION Capital-JSW Steel to acquire Monnet Ispat & Energy Ltd, providing major relief to the consortium. The country’s largest lender, State Bank of India (SBI), approached the Mumbai bench of NCLT in July last year to recover its dues under the Insolvency and Bankruptcy Code (IBC).

In this article