NEW DELHI: Resolution professional of debt-ridden Videocon Industries<\/a> Tuesday invited bids from prospective buyers to take control of the firm, which has interest ranging from consumer electronics to oil and gas. 在今年年初,中国最大的银行,印度国家银行提交了独立的破产诉讼Videocon产业和Videocon电信有限公司 新德里:解决债务缠身的专业Videocon行业周二邀请投标的潜在买家控制公司,有兴趣从消费电子产品到石油和天然气。
The corporate insolvency resolution process (CIRP) of Videocon Industries Ltd<\/a> (VIL), which has debt of around Rs 20,000 crore, was commenced under the Insolvency and Bankruptcy Code<\/a> (IBC) following an order by the NCLT<\/a> Mumbai on June 6, 2018.
In a public announcement, VIL Resolution Professional (RP) Anuj Jain<\/a> said insolvency resolution process in respect of 11 group companies of VIL has also commenced and for other four other entities, order is expected to be passed by the NCLT shortly.
In the beginning of this year, the country's largest lender State Bank of India<\/a> (SBI) had filed separate insolvency proceedings against Videocon Industries and Videocon Telecommunications Ltd.
As per the criteria listed out by the RP, corporates, individuals or consortium of investors must have a minimum consolidated net worth of Rs 2,000 crore at group level in the immediately preceding financial years, and turnover of Rs 1,000 crore at group level during any one of the three immediately preceding financial years.
For financial institutions, PE funds, asset reconstruction companies, NBFCs, other financial investors, including consortium of investors, minimum asset under management must be Rs 2,000 crore in the immediately preceding financial year or committed funds available for deployment\/ investment of at least Rs 2,000 crore as on March 31, 2018.
It would be mandatory for prospective resolution applicants to submit their bid before October 5, 2018, Jain said in the announcement.
The RP also said prospective bidders must have evidence to showcase experience in the running of large industrial businesses, preferably consumer electronics, and\/or oil and gas during any three of the preceding financial years.
The bidders must also have the ability to turnaround large industrial business preferably consumer electronics business either directly or through joint venture.
In its heydays, Videocon was known for its consumer durables business. It then diversified into oil and gas, DTH and telecom sectors, with the latter two ventures proving to be unsuccessful.
The company then sold of its DTH business to Dish TV and telecom business to Airtel.
The Videocon Group is under investigation for alleged quid-pro-quo over Rs 3,250 crore loan by ICICI bank to it in 2012. The bank had also ordered an independent probe into allegations of 'conflict of interest' and 'quid pro quo' in bank's MD and CEO Chanda Kochhar's role.
<\/p><\/body>","next_sibling":[{"msid":65953442,"title":"Reliance's Mukesh Ambani earned Rs 300 crore per day over last one year","entity_type":"ARTICLE","link":"\/news\/reliances-mukesh-ambani-earned-rs-300-crore-per-day-over-last-one-year\/65953442","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"65950886","title":"Bids invited for debt ridden Videocon under insolvency resolution process","entity_type":"IMAGES","seopath":"news\/company\/corporate-trends\/bids-invited-for-debt-ridden-videocon-under-insolvency-resolution-process","category_name":"Bids invited for debt ridden Videocon under insolvency resolution process","synopsis":"The corporate insolvency resolution process (CIRP) of VIL, which has debt of around Rs 20,000 crore, was commenced under the IBC following an order by the NCLT Mumbai on June 6, 2018.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-51725\/65950886.cms?width=150&height=112","link":"\/image\/company\/corporate-trends\/bids-invited-for-debt-ridden-videocon-under-insolvency-resolution-process\/65950886"}],"msid":65954835,"entity_type":"ARTICLE","title":"Bids invited for debt ridden Videocon under insolvency resolution process","synopsis":"In the beginning of this year, the country's largest lender SBI had filed separate insolvency proceedings against Videocon Industries and Videocon Telecommunications Ltd.\n\n","titleseo":"telecomnews\/bids-invited-for-debt-ridden-videocon-under-insolvency-resolution-process","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2018-09-25 21:30:00","lastupd":"2018-09-25 21:30:00","breadcrumbTags":["Insolvency and Bankruptcy Code","Videocon Industries","Anuj Jain","state bank of india","Industry","Videocon Industries Ltd","nclt"],"secinfo":{"seolocation":"telecomnews\/bids-invited-for-debt-ridden-videocon-under-insolvency-resolution-process"}}" data-authors="[" "]" data-category-name="" data-category_id="" data-date="2018-09-25" data-index="article_1">
投标邀请为债台高筑的Videocon根据破产决议过程
企业破产的决议(CIRP)的过程Videocon工业有限公司(维尔)债务约为20000卢比,开始下破产和破产的代码(IBC)的订单NCLT孟买在2018年6月6日。
在公告中,维尔决议专业(RP)阿耆那教徒的说破产解决过程的维尔也开始11集团公司和其他四个实体,订单预计将通过NCLT不久。
按照标准列出了RP,企业、个人或财团的投资者必须有一个最小合并净资产2000卢比立即前金融年在集团层面,在集团层面和营业额1000卢比在前三立即任何一个金融年。
重建对金融机构、私募股权基金、资产公司、nbfc,其他金融投资者,包括投资者组成的财团,最低的资产管理必须立即2000卢比在前一财政年度或提交基金用于部署/投资至少2000卢比作为3月31日,2018年。
是强制性的潜在解决申请人提交他们的报价在10月5日之前,2018年,耆那教徒在一份声明中说。
RP还表示,潜在竞购者必须有证据展示大型工业企业的运行经验,最好是消费电子产品,和/或石油和天然气在前三的任何金融年。
投标人必须有能力转变大型工业业务最好是消费电子业务直接或通过合资企业。
在其全盛时期,Videocon以其耐用消费品业务。然后它多元化的石油和天然气,潜孔和电信行业,后者两个企业证明是不成功的。
潜的公司然后出售业务盘电视和电信业务的旅馆。
Videocon集团涉嫌交换条件是3250卢比,ICICI银行贷款在2012年。银行也要求一个独立调查的指控“利益冲突”和“交换条件”银行的MD Chanda Kochhar和首席执行官的角色。
NEW DELHI: Resolution professional of debt-ridden Videocon Industries<\/a> Tuesday invited bids from prospective buyers to take control of the firm, which has interest ranging from consumer electronics to oil and gas.
The corporate insolvency resolution process (CIRP) of Videocon Industries Ltd<\/a> (VIL), which has debt of around Rs 20,000 crore, was commenced under the Insolvency and Bankruptcy Code<\/a> (IBC) following an order by the NCLT<\/a> Mumbai on June 6, 2018.
In a public announcement, VIL Resolution Professional (RP) Anuj Jain<\/a> said insolvency resolution process in respect of 11 group companies of VIL has also commenced and for other four other entities, order is expected to be passed by the NCLT shortly.
In the beginning of this year, the country's largest lender State Bank of India<\/a> (SBI) had filed separate insolvency proceedings against Videocon Industries and Videocon Telecommunications Ltd.
As per the criteria listed out by the RP, corporates, individuals or consortium of investors must have a minimum consolidated net worth of Rs 2,000 crore at group level in the immediately preceding financial years, and turnover of Rs 1,000 crore at group level during any one of the three immediately preceding financial years.
For financial institutions, PE funds, asset reconstruction companies, NBFCs, other financial investors, including consortium of investors, minimum asset under management must be Rs 2,000 crore in the immediately preceding financial year or committed funds available for deployment\/ investment of at least Rs 2,000 crore as on March 31, 2018.
It would be mandatory for prospective resolution applicants to submit their bid before October 5, 2018, Jain said in the announcement.
The RP also said prospective bidders must have evidence to showcase experience in the running of large industrial businesses, preferably consumer electronics, and\/or oil and gas during any three of the preceding financial years.
The bidders must also have the ability to turnaround large industrial business preferably consumer electronics business either directly or through joint venture.
In its heydays, Videocon was known for its consumer durables business. It then diversified into oil and gas, DTH and telecom sectors, with the latter two ventures proving to be unsuccessful.
The company then sold of its DTH business to Dish TV and telecom business to Airtel.
The Videocon Group is under investigation for alleged quid-pro-quo over Rs 3,250 crore loan by ICICI bank to it in 2012. The bank had also ordered an independent probe into allegations of 'conflict of interest' and 'quid pro quo' in bank's MD and CEO Chanda Kochhar's role.
<\/p><\/body>","next_sibling":[{"msid":65953442,"title":"Reliance's Mukesh Ambani earned Rs 300 crore per day over last one year","entity_type":"ARTICLE","link":"\/news\/reliances-mukesh-ambani-earned-rs-300-crore-per-day-over-last-one-year\/65953442","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[{"msid":"65950886","title":"Bids invited for debt ridden Videocon under insolvency resolution process","entity_type":"IMAGES","seopath":"news\/company\/corporate-trends\/bids-invited-for-debt-ridden-videocon-under-insolvency-resolution-process","category_name":"Bids invited for debt ridden Videocon under insolvency resolution process","synopsis":"The corporate insolvency resolution process (CIRP) of VIL, which has debt of around Rs 20,000 crore, was commenced under the IBC following an order by the NCLT Mumbai on June 6, 2018.","thumb":"https:\/\/etimg.etb2bimg.com\/thumb\/img-size-51725\/65950886.cms?width=150&height=112","link":"\/image\/company\/corporate-trends\/bids-invited-for-debt-ridden-videocon-under-insolvency-resolution-process\/65950886"}],"msid":65954835,"entity_type":"ARTICLE","title":"Bids invited for debt ridden Videocon under insolvency resolution process","synopsis":"In the beginning of this year, the country's largest lender SBI had filed separate insolvency proceedings against Videocon Industries and Videocon Telecommunications Ltd.\n\n","titleseo":"telecomnews\/bids-invited-for-debt-ridden-videocon-under-insolvency-resolution-process","status":"ACTIVE","authors":[],"Alttitle":{"minfo":""},"artag":"PTI","artdate":"2018-09-25 21:30:00","lastupd":"2018-09-25 21:30:00","breadcrumbTags":["Insolvency and Bankruptcy Code","Videocon Industries","Anuj Jain","state bank of india","Industry","Videocon Industries Ltd","nclt"],"secinfo":{"seolocation":"telecomnews\/bids-invited-for-debt-ridden-videocon-under-insolvency-resolution-process"}}" data-news_link="//www.iser-br.com/news/bids-invited-for-debt-ridden-videocon-under-insolvency-resolution-process/65954835">
评论
现在评论 阅读评论(1)所有评论
找到这个评论进攻?
下面选择你的理由并单击submit按钮。这将提醒我们的版主采取行动