Satchmo Holdings Ltd - Intimation Of Notice Received By The Company For The Institution Of Proceeding Under Section 7 Of Insolvency And Bankruptcy Code, 2016 By JCF ARC Against The Company Before The National Company Law Tribunal, Bengaluru

We would like to inform that an intimation has been received today around 05:00 pm from the law firm representing ARC about filing an application against the Company before Hon''ble National Company Law Tribunal, Bangalore Bench in the matter of admission of application for initiation of Corporate Insolvency Resolution Process (CIRP) under Section 7 of the IBC.