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NCLT admits Sandeep Axles for insolvency – Economic Times

, ET Bureau|

Updated: Nov 02, 2017, 11.13 PM IST

The auto-component maker has failed to pay its vendor.
The auto-component maker has failed to pay its vendor.
MUMBAI: The New Delhi chapter of the National Company Law Tribunal (NCLT) has admitted Haryana-based Sandeep Axles Pvt for insolvency proceedings after the auto-component maker failed to pay its vendor.

Operational creditor Regal Metal Ferro Alloys dragged the company to the dedicat…

Read the full article at: https://economictimes.indiatimes.com/industry/auto/news/auto-components/nclt-admits-sandeep-axles-for-insolvency/articleshow/61472073.cms

Category: LiquidationBy Insolvency GuardianNovember 2, 2017

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