List of first 12 defaulters who, starting April 2018, must either pay up or face proceedings under the Insolvency and Bankruptcy Code
ALOK INDUSTRIES
Textiles
`29,912 cr
April 14, 2018
BHUSHAN STEEL Steel
`55,989 cr
In process
ESSAR STEEL
Steel
`50,778 cr
April 29, 2018
LANCO INFRATECH
Power Generation
`51,505 cr
May 3, 2018
AMTEK AUTO
Auto Component
`12,586 cr
April 20, 2018
BHUSHAN POWER AND STEEL
Steel and Power Generation
`48,524 cr
April 22, 2018
JYOTI STRUCTURES
Power Transmission
`8,078 cr
March 31, 2018
MONNET ISPAT AND ENERGY
Steel
`10,412 cr
April 13, 2018
ABG SHIPYARD
Ship Building
`18,539 cr
April 28, 2018
ELECTROSTEEL STEELS
Steel
`13,302 cr
April 17, 2018
JAYPEE INFRATECH
Infrastructure Development
`13,322 cr
May 4, 2018
ERA INFRA ENGINEERING
(Company not admitted yet to the corporate insolvency resolution process)
(Amounts are claims admitted; dates indicate end of 180-day period plus 90-day extension)