respondent no.1
informed the petitioner that it was undergoing corporate debt restructuring
(CDR), and committed to take delivery of five more rakes pending ... inability to service their debt obligations, lenders of both the
respondents are restructuring the corporate debt of both the respondents. In
this regard, the learned
enable
Aircel to set up, on such sites/land, Active Equipment/infrastructure,
using which Aircel could provide telecommunication services.
6. Under Clause ... albeit without prejudice, in order to enable GIL to attempt to
restructure its debts and stabilise its operations. The suspension
Signature Not Verified
Digitally Signed
noted the
recommendation, of the evaluation study ―that TUFS may be
completely restructured to channelize investments towards hitherto
low focus areas‖.
11. A holistic reading ... respondent on 5 th
May 2011, requesting that the benefit of the restructured TUFS be
Signature Not Verified W.P.(C) 7933/2011 Page
MBIL, found MBIL to be a fit case to
consider debt restructuring. A Joint Lenders Meet6, of all lenders of
MBIL, therefore, was convened ... lenders who participated in the JLM was BOB. MBIL placed a
restructuring plan before the JLM. The JLM, after considering the
plan, decided to admit
including the Respondent Bank, considered
MBSL's case for Corporate Debt Restructuring ("CDR") in
accordance with the CDR Master Circular ... Viability ("TEV") Report. The TEV Report would indicate whether
the restructuring plan proposed by MBSL was financially viable or
not. The lender banks
Page 10 of 50
should be restructured in a manner that would be conducive to
better growth of the company.
17. The preamble ... August 2003 and
would not use their voting rights in Atlas in any manner to
dislodge or disturb the restructured arrangement of management
as reflected
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should be restructured in a manner that would be conducive to
better growth of the company.
17. The preamble ... August 2003 and
would not use their voting rights in Atlas in any manner to
dislodge or disturb the restructured arrangement of management
as reflected
companies prepared a scheme of arrangement consisting of debt restructuring as well as business restructuring and the said Boards of Directors have passed resolutions approving ... which in October 1999 the company and the financial institutions agreed for restructuring of the debt without the intervention of the Court. However, despite
Delhi-110009, India
[email protected]
Subject : Modernisation and
Restructuring of Mumbai Airport
Sir,
This has reference to the opening of sealed envelopes
Vinay Kumar Modi as Chairman of the joint venture GGL adverting to restructuring alternatives. This communication refers to several alternatives and proposals which were discussed ... preference remains to first use available cash to repurchase shares from the Gujarat Government. We can think of no better use for GGL assets than
