{"id":626485,"date":"2024-01-05T09:46:44","date_gmt":"2024-01-05T04:16:44","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=626485"},"modified":"2024-01-05T10:30:19","modified_gmt":"2024-01-05T05:00:19","slug":"swan-energy-takes-management-control-of-reliance-naval-engineering","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/swan-energy-takes-management-control-of-reliance-naval-engineering\/","title":{"rendered":"Swan Energy takes management control of Reliance Naval &amp; Engineering"},"content":{"rendered":"<p>Swan Energy on Thursday said it has formally taken the management control of Reliance Naval &amp; Engineering. <\/p>\n<p>The company had emerged as the winning bidder under an insolvency resolution process. <\/p>\n<p>The National Company Law Tribunal-appointed monitoring committee has handed over the management control of the company with the approval of the committee of creditors to Swan Energy, according to a statement. <\/p>\n<p>Swan Energy has constituted a board with its managing director Nikhil Merchant as the executive director, and Paresh Merchant and Bhavik Merchant as board members of Reliance Naval.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swan Energy on Thursday said it has formally taken the management control of Reliance Naval &amp; Engineering. The company had emerged as the winning bidder under an insolvency resolution process. The National Company Law Tribunal-appointed monitoring committee has handed over the management control of the company with the approval of the committee of creditors to Swan Energy, according to a statement. Swan Energy has constituted a board with its managing director Nikhil Merchant as the executive director, and Paresh Merchant and Bhavik Merchant as board members of Reliance Naval.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-626485","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626485","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\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=626485"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/626485\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=626485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=626485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=626485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}