Khaitan Electricals Ltd. – Corporate Insolvency Resolution Process (CIRP)-Admission of application by Tribunal – The Hindu BusinessLine

This is to inform you that Honble National Company Law Tribunal (NCLT), Hyderabad Bench vide Order No. CP (IB) No.326/7/HDB/2018 dated 28th August, 2018 has initiated Corporate Insolvency Resolution Process (CIRP) in Khaitan Electricals Limited (Company) under Section 7 of the Insolvency and Bankruptcy Code, 2016 (IBC), based on the application filed by Bank of…