ARSS INFRASTRUCTURE PROJECTS LTD. - Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors
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| 13 Sep 2021 | |
| We wish to inform you that a petition has been filed under section 7 of Insolvency and Bankruptcy Code, 2016 ('IBC') by State Bank of India, Financial Creditor of the Company, before the National Company Law Tribunal - Cuttack Bench ('NCLT, Cuttack') alleging to default of payment amounting to Rs. 2273,12,44,726.92/- (Rupee Two Thousand Two Hundred Seventy Three Crores Twelve Lacs Forty Four Thousand Seven Hundred Twenty Six and Paisa Ninety Two only) and seeking initiation of Corporate Insolvency Resolution Process (CIRP) against the Company.<BR> <BR> The Company is seeking appropriate legal advice and take all appropriate steps to protect its interest in the aforesaid matter.<BR> Kindly, take the same on record of your esteemed Exchange. <BR> | |
| View all announcements for ARSS INFRASTRUCTURE PROJECTS LTD. | Source: BSE India |
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