Binani Cement Insolvency Resolution: Are Financial Creditors Guardian Angels?
The statue of an angel lies in a yard. (Photograph: Victor J. Blue/Bloomberg)

Binani Cement Insolvency Resolution: Are Financial Creditors Guardian Angels?

The National Company Law Appellate Tribunal approved UltraTech Cement Ltd.’s plan to acquire debt-laden Binani Cement Ltd., holding that the rival bid by Dalmia Group Ltd. was “discriminatory” to c...
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