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Tag Archive for "largest-loan-defaulters-in-india" -

CentrikBlogsLargest Loan Defaulters in India

Tag: Largest Loan Defaulters in India

Gujarat High Court on banks’ statutory right to initiate Proceedings against Loan Defaulters

Posted by ajay.shuklaPosted on June 30, 2021August 7, 20210 CommentsCategories Business Advisory, Corporate Litigation-All In Way, Cross Border Advisory, Debt Recovery Management, Insolvency & Bankruptcy Code 2016Tags Corporate Debtors under IBC, Essar filed a writ petition before the Gujarat High Court, IBC for Corporate Debtors, IBC Proceeding against Corporate Debtor, IBC proceedings against Essar Steel, Largest Loan Defaulters in India, Proceedings against Essar, Proceedings against Loan Defaulters

Gujarat High Court dismissed Essar Steel’s petition and refused to grant any of the reliefs sought by Essar Steel. The Gujarat High Court moved quickly and efficiently, and the order was issued within 10 working days of Essar Steel’s filing of the case.

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