Insolvency move against Ushdev International

ET Bureau|

Dec 23, 2017, 10.48 AM IST

Deby---TS — Under the Insolvency and Bankruptcy Code, a resolution plan has to be in place within 270 days, failing which the court will rule in favour of liquidation of assets.

Government-owned State Bank of India (SBI) has initiated insolvency resolution proceeding against Ushdev International, a company which was part of the second list released by the…

Read the full article at: https://economictimes.indiatimes.com/markets/stocks/news/insolvency-move-against-ushdev-international/articleshow/62217782.cms

Category: BankruptcyBy Insolvency Guardian December 23, 2017

Insolvency move against Ushdev International – Economic Times

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