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NCLT Mumbai has approved a 22 crore resolution plan of Mr. Jitendra Bhandari for Trimurti Foodtech Private Limited (“Corporate Debtor”) under section 31 (1) of the Insolvency and Bankruptcy Code,...
Reliance Capital insolvency: This comes as lenders have decided to hold another round of auction to maximise their recovery.
The 90 days deadline extension was necessitated as the lenders decided to hold a second round of auction on April 26
The Committee of Creditors (CoC) decided on the new date in a meeting held on Tuesday.
There are 49 players in all who have expressed interest in Future Retail's assets, which is currently going through an insolvency process, , future retail, Assets Sale, reliance industries, adani enterprises, jindal group