Assets

CAM Advises EXIM Bank on Financing of 14 Renewable Energy Assets

Amit Kapoor11 hours ago01 mins

CAM acted as legal advisers to EXIM Bank in relation to financing of 14 renewable energy assets—comprising 11 solar power projects and 3 compressed biogas (CBG) plants (located across India) of HPCL Renewable & Green Energy Limited (HPRGE)—a wholly owned subsidiary of Hindustan Petroleum Corporation Limited. This deal marks financial closure of Phase 1 of…

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Assets Of Corporate Debtor Attached Under PMLA Are Not Part Of Resolution Estate, NCLT Cannot Direct Release Even If Attached During CIRP: NCLAT

Amit Kapoor1 month ago013 mins

The National Company Law Appellate Tribunal (NCLAT) New Delhi bench of Justice Rakesh Kumar Jain (Judicial Member), Mr. Naresh Salecha (Technical Member) and Mr. Indevar Pandey (Technical Member) has held that if property is alleged to be proceeds of crime and is under adjudication by a competent authority under a penal statutes, it cannot be…

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CAM Advises EXIM Bank on Financing of 14 Renewable Energy Assets

Assets Of Corporate Debtor Attached Under PMLA Are Not Part Of Resolution Estate, NCLT Cannot Direct Release Even If Attached During CIRP: NCLAT