There will be a sharper focus on entities like ourselves in the days ahead. The nuanced relationships of Banks and ARCs formed the central theme of my discussion with veteran journalist Raghu Mohan of Business Standard. Full Story: https://t.co/HfNouF7DvQ
Arcil is also proud to contribute Rs. 25 lakh to Maharashtra Chief Minister’s Relief Fund to strengthen state’s fight against COVID19. #IndiaFightsCorona@CMOMaharashtra
Besides, we have made an additional provision of Rs. 25 lakh towards future preventive measures on the crisis. Our employees have also personally pledged to donate towards #PMCARES Fund. says #VinayakBahuguna, CEO & MD, Arcil
#indiafightsCorona#JaanHaiToJahaanHai
Proud to announce that our CEO & MD, Vinayak Bahuguna was conferred with CA Business Leader (Emerging Corporate - BFSI) award at 13th ICAI Award, held on 14th January 2020 in Mumbai, organised by @theicai
On the occassion of World Environment Day, Arcil with @WesternRly dedicate waste recycling unit to the society under it's #CSR initiative. The Solid waste management unit setup at BDTS, Mumbai will organically convert 2 ton waste to compost every day. #WorldEnvironmentDay
The possibility of loosing the assets under a resolution process has inculcated a sense of urgency and seriousness among defaulting borrowers. Based on IBBI report, almost ₹2.02 lakh crore of debt of 4,452cases were disposed through settlement before admission to IBC process.
IBC(Insolvency and Bankruptcy Code) has bought in a positive outlook towards improving credit culture in India by creating a 'creditor driven regime' and imbibing confidence in lenders.
Arcil has also been granting interim finance in various CIRP, to enable RP(Resolution Professional) to handle day to day affairs of corporate debtor and to ensure the asset quality does not deteriorate.
As on May 2019, Arcil as a financial creditor has filed 37 insolvency petitions out of which CIRP(Corporate Insolvency Resolution Process) has been initiated in 18 cases.
Sale of Land measuring 204 acres at Greater Noida, near Delhi. Also available is the plant machinery and shed sold as scrap valued to Rs. 97.08 crore. For more information please contact Ashish Shahi on 9819143281
Pursuant to the CIRP process of Surya Treasure Island pvt. ltd. in NCLT, @Arcil_Arc invites EOI in this regard. Last date is September 15, 2018. The information brochure can be referred on https://t.co/7XzhiWdKuU
Endeavor to be innovative in field of CSR, Arcil has revamped a NGO- Salaam Baalak Trust by supporting its centre (Andheri- east)with infrastructure improvement, Staff Welfare and Skill development initiatives. https://t.co/tlYOaYC8NE
Arcil, under SARFAESI Act, 2002 is inviting prospective bidders to revert with their interest in the property in UP which is put for auction: a) plant and machinery as scrap b) industrial shed as scrap c) parcel of land measuring 204 acres. For detail pls Ashish Shahi 9819143281