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This came after the company’s committee of creditors (CoC) had in their meeting on April 2019 resolved to liquidate the debtor by a majority of 90.16 per cent voting in favour
Recently, the National Company Law Tribunal (NCLAT) Mumbai Bench has ruled for the liquidation of Gitanjali Gems, a jewelry retailing company headed by fugitive Mehul Choksi, under Section 33 of the...
Mehul Choksi: The company was originally admitted under the Corporate Insolvency Resolution Process (CIRP) in October 2018. It has admitted liabilities of over Rs 12,558 crore.
The company was originally admitted under the Corporate Insolvency Resolution Process (CIRP) in October 2018. It has admitted liabilities of over Rs 12,558 crore.
Mumbai's NCLT admits Four Care Hospital for Corporate Insolvency Resolution Process under application by Standard Chartered Bank while the tribunal has appointed Rajan Garg as resolution professional. Promoter availed loan from DHFL, later acquired by Standard Chartered Bank.