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NCLT allows 936 days exclusion from Lok Housing s resolution process, ET RealEstate

As per the bankruptcy regulation, the lenders and the resolution professional are expected to complete the resolution process within a total of 270 days, failing which the Mumbai-based company will undergo mandatory liquidation.

Slok group of companiesNational company law appellate tribunalCommittee of creditorsRepresentative imageCorporate insolvency resolution processKlok housingBlok groupBankruptcy boardBankruptcy codeLok housing and constructions

NCLT allows 936 days exclusion from Lok Housing s resolution process

As per the bankruptcy regulation, the lenders and the resolution professional are expected to complete the resolution process within a total of 270 days, failing which the Mumbai-based company will undergo mandatory liquidation.

National company law appellate tribunalNational company law tribunalSlok group of companiesCommittee of creditorsCorporate insolvency resolution processKlok housingBlok groupBankruptcy boardBankruptcy codeHealthcare company usvLok housing and constructions

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