Sunday, November 20, 2022

NCLT allows plea for S Kumars' insolvency resolution

The ARC had approached the Mumbai bench of the National Company Law Tribunal (NCLT) against the over seven-decade-old textile maker and leader in the school uniform fabric segment, after it defaulted on dues of more than Rs 414 crore.

from Banking/Finance-Industry-Economic Times https://ift.tt/U9Bdei6

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