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 takes full control of Reliance Naval - The Hindu BusinessLine thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
SEL had to pay an amount of Rs 312 crore to the lenders of RNEL on December 23, however, as per the recent order, NCLT has approved extension of that paying for a period of one year i.e. December 23, 2024, along with applicable interest.
Swan Energy gets one-year extension by NCLT for second tranche lender payment adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
Swan Energy gets one-year extension to pay Reliance Naval dues thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.