\"\"MUMBAI: Lenders have appointed Deloitte<\/a> India as administrator for Monnet Power<\/a> and Alvarez & Marsal<\/a> for Essar Projects, two senior banks executives said on condition of anonymity.

Monnet Power and Essar Projects are among the companies that the Reserve Bank of India<\/a> had directed banks in August to refer to the bankruptcy court if they failed to come up with resolution plans by the end of 2017.<\/p>\n

Essar Projects and Monnet Power, both privately held, together owe more than ₹6,000 crore. SBI, which is the lead bank for both companies, will refer both the cases to the National Company Law Tribunal<\/a> by next week.<\/p>\n

\n\tDeloitte India, which is into advisory and audit business, will appoint its affiliate as interim resolution professional for Monnet Power, which is 85% owned by Sandeep Jajodia-promoted Monnet Ispat.<\/p>\n

Alvarez & Marsal, which specialises in turnaround of stressed companies, will appoint its affiliate person as interim resolution professional for Essar Projects, which is an engineering, procurement and construction (EPC<\/a>) company wholly-owned by the Ruais of Essar Group<\/a>.<\/p>\n\n<\/body>","next_sibling":[{"msid":62409158,"title":"Boosted by upgrades, Idea may give an extra 10% to traders","entity_type":"ARTICLE","link":"\/news\/boosted-by-upgrades-idea-may-give-an-extra-10-to-traders\/62409158","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":62409221,"entity_type":"ARTICLE","title":"Alvarez & Marsal appointed admin for Essar projects","synopsis":"Deloitte India has been appointed as administrator for Monnet Power","titleseo":"telecomnews\/alvarez-marsal-appointed-admin-for-essar-projects","status":"ACTIVE","authors":[{"author_name":"Sangita Mehta","author_link":"\/author\/6893\/sangita-mehta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/6893.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":6893,"author_name":"Sangita Mehta","author_seo_name":"sangita-mehta","designation":"Journalist","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-01-08 08:01:21","lastupd":"2018-01-08 08:03:42","breadcrumbTags":["Essar Group","Monnet Power","Alvarez & Marsal","Deloitte","reserve bank of india","EPC","National Company Law Tribunal","industry","monnet ispat alvarez & marsal"],"secinfo":{"seolocation":"telecomnews\/alvarez-marsal-appointed-admin-for-essar-projects"}}" data-authors="[" sangita mehta"]" data-category-name="" data-category_id="" data-date="2018-01-08" data-index="article_1">

Alvarez & Marsal任命为Essar项目管理

德勤印度已被任命为主管莫内的力量

Sangita梅塔
  • 更新2018年1月8日上午08:03坚持
孟买:银行任命了德勤印度作为管理员莫内的权力Alvarez & MarsalEssar项目,两名不愿透露姓名的资深银行高管表示。

莫内权力和Essar项目的公司之一印度储备银行已经要求银行8月指的是破产法庭如果他们未能想出决议计划到2017年底。

Essar项目和莫内的力量,两个私有,一起欠6000多₹卢比。印度国家银行,导致银行对两家公司来说,将引用的情况下国家公司法法庭下个星期。

德勤印度,到咨询和审计业务,将任命其下属作为莫内的临时解决专业力量,85%归Sandeep Jajodia-promoted莫内伊斯帕特工业公司。

Alvarez & Marsal,专门从事强调企业的转变,将任命其关联人作为临时解决职业Essar项目,这是一个工程、采购和建设(EPC)公司全资的Ruais爱萨集团

  • 发表在2018年1月8日08:01点坚持
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\"\"MUMBAI: Lenders have appointed Deloitte<\/a> India as administrator for Monnet Power<\/a> and Alvarez & Marsal<\/a> for Essar Projects, two senior banks executives said on condition of anonymity.

Monnet Power and Essar Projects are among the companies that the Reserve Bank of India<\/a> had directed banks in August to refer to the bankruptcy court if they failed to come up with resolution plans by the end of 2017.<\/p>\n

Essar Projects and Monnet Power, both privately held, together owe more than ₹6,000 crore. SBI, which is the lead bank for both companies, will refer both the cases to the National Company Law Tribunal<\/a> by next week.<\/p>\n

\n\tDeloitte India, which is into advisory and audit business, will appoint its affiliate as interim resolution professional for Monnet Power, which is 85% owned by Sandeep Jajodia-promoted Monnet Ispat.<\/p>\n

Alvarez & Marsal, which specialises in turnaround of stressed companies, will appoint its affiliate person as interim resolution professional for Essar Projects, which is an engineering, procurement and construction (EPC<\/a>) company wholly-owned by the Ruais of Essar Group<\/a>.<\/p>\n\n<\/body>","next_sibling":[{"msid":62409158,"title":"Boosted by upgrades, Idea may give an extra 10% to traders","entity_type":"ARTICLE","link":"\/news\/boosted-by-upgrades-idea-may-give-an-extra-10-to-traders\/62409158","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":62409221,"entity_type":"ARTICLE","title":"Alvarez & Marsal appointed admin for Essar projects","synopsis":"Deloitte India has been appointed as administrator for Monnet Power","titleseo":"telecomnews\/alvarez-marsal-appointed-admin-for-essar-projects","status":"ACTIVE","authors":[{"author_name":"Sangita Mehta","author_link":"\/author\/6893\/sangita-mehta","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/6893.cms?width=100&height=100","author_additional":{"thumbsize":true,"msid":6893,"author_name":"Sangita Mehta","author_seo_name":"sangita-mehta","designation":"Journalist","agency":false}}],"Alttitle":{"minfo":""},"artag":"ET Bureau","artdate":"2018-01-08 08:01:21","lastupd":"2018-01-08 08:03:42","breadcrumbTags":["Essar Group","Monnet Power","Alvarez & Marsal","Deloitte","reserve bank of india","EPC","National Company Law Tribunal","industry","monnet ispat alvarez & marsal"],"secinfo":{"seolocation":"telecomnews\/alvarez-marsal-appointed-admin-for-essar-projects"}}" data-news_link="//www.iser-br.com/news/alvarez-marsal-appointed-admin-for-essar-projects/62409221">