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Monnet Ispat gets extension of 90 days to complete insolvency resolution process – Economic Times

, ET Bureau|

Jan 09, 2018, 07.13 PM IST

Monnet Ispat gets extension of 90 days to complete insolvency resolution process
A consortium of Aion Capital Partners and JSW Steel had emerged as the sole bidder for Monnet.

MUMBAI: The Mumbai bench of NCLT on Tuesday granted the resolution professional of debt ridden steel company Monnet Ispat and Energy an extension of 90 days to complete its insolvency resolution process as the initial 180 days were to expire on Jan…

Read the full article at: https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/monnet-ispat-gets-extension-of-90-days-to-complete-insolvency-resolution-process/articleshow/62431690.cms

Category: BankruptcyBy Insolvency GuardianJanuary 9, 2018

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