India: The Supreme Court has said that the final sale of Binani Cement cannot complete without its approval. It added that no decision on the sale will now be made until at least early July 2018. However, it has allowed the debt resolution process to continue, according to the Press Trust of India. UltraTech Cement and Dalmia Bharat have both made bids for the bankrupt cement producer but they have fought each other legally over the process.
Supreme Court retains control of sale of Binani Cement
Written by Global Cement staff
Published in
Global Cement News
Register for the Global Cement Weekly email newsletter
Global Cement Weekly is Global Cement’s weekly email newsletter. Keep up to date with cement industry news, analysis, diary dates and news of people in the sector.
Acquisition
Cemex
China
CO2
concrete
coronavirus
Export
France
Germany
Government
grinding plant
HeidelbergCement
Holcim
Import
India
Lafarge
LafargeHolcim
Mexico
Nigeria
Pakistan
Plant
Product
Production
Results
Russia
Sales
Sustainability
UK
Upgrade
US
| « | June 2023 | » | ||||
| Mon | Tue | Wed | Thu | Fri | Sat | Sun |
| 1 | 2 | 3 | 4 | |||
| 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 19 | 20 | 21 | 22 | 23 | 24 | 25 |
| 26 | 27 | 28 | 29 | 30 | ||
