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GAIL releases payment to all stakeholders of JBF Petrochemicals as per NCLT Order CIRP gets completed in 15 months

In a first of its kind endeavour for a CPSE, GAIL India Ltd emerged successful in Corporate Insolvency Resolution Process of JBF Petrochemicals in competitive bidding seeing through major India petrochemical players in the process.
Petrochemicals Ltd Central Public Sector Enterprise Corporate Insolvency Resolution Process Successful Resolution Applicant Purified Terephthalic Acid Total Resolution Plan Amount

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