A bid submitted by India’s UltraTech Cement to acquire Binani Cement has received approval from the National Company Law Appellate Tribunal (NCLAT).
A two-member bench of NCLAT, headed by Chairman Justice S J Mukhopadhaya, approved the company’s resolution plan and said that the plan submitted by Dalmia Bharat’s Rajputana Properties was “discriminatory” against some financial creditors, according to the Press Trust of India.
Qassim Cement appoints new board chairman and vice chairman
has appointed Dr Muhammad bin Nasser Al Dawood as chairman of the Board of Directors as of 1 J...