{"id":595952,"date":"2023-08-05T11:28:51","date_gmt":"2023-08-05T05:58:51","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=595952"},"modified":"2023-08-05T11:28:51","modified_gmt":"2023-08-05T05:58:51","slug":"anil-ambani-owned-vidarbha-industries-moves-bombay-high-court-against-lenders-move-to-auction-companys-debt","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/anil-ambani-owned-vidarbha-industries-moves-bombay-high-court-against-lenders-move-to-auction-companys-debt\/","title":{"rendered":"Anil Ambani-owned Vidarbha Industries moves Bombay High Court against lenders&#8217; move to auction company&#8217;s debt"},"content":{"rendered":"<p>Mumbai: Anil Ambani-owned Vidarbha Industries Power has petitioned the Bombay High Court objecting to a decision by its lenders to auction the company&#8217;s debt, court documents show.<\/p>\n<p>Banks led by Axis Bank have scheduled a Swiss Challenge auction to sell principal debt of \u20b92,569 crore and $27.7 million in overseas currency loans of the distressed power company on August 8.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mumbai: Anil Ambani-owned Vidarbha Industries Power has petitioned the Bombay High Court objecting to a decision by its lenders to auction the company&#8217;s debt, court documents show. Banks led by Axis Bank have scheduled a Swiss Challenge auction to sell principal debt of \u20b92,569 crore and $27.7 million in overseas currency loans of the distressed power company on August 8.<\/p>\n","protected":false},"author":39,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-595952","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/39"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=595952"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/595952\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=595952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=595952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=595952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}