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HC thwarts Reliance naval’s attempt to avert insolvency – Economic Times

, ET Bureau|

Updated: Dec 08, 2017, 10.56 AM IST

The insolvency petition aims to recover dues worth Rs 159 crore, including invoking a corporate guarantee.
The insolvency petition aims to recover dues worth Rs 159 crore, including invoking a corporate guarantee.
Mumbai: The Bombay HC has scuttled a last ditch attempt by the Anil Ambani company Reliance Naval and Engineering to prevent proceedings in the bankruptcy court, dismissing a petition by the company challenging the invocation of a c…

Read the full article at: https://economictimes.indiatimes.com/markets/stocks/news/hc-thwarts-reliance-navals-attempt-to-avert-insolvency/articleshow/61975508.cms

Category: BankruptcyBy Insolvency GuardianDecember 8, 2017

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