NCLT initiates CIRP for Sterling Biotech

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Capital Market
Last Updated : Jun 28 2018 | 6:50 PM IST

With effect from 11 June 2018

Sterling Biotech announced the initiation of Corporate Insolvency Resolution Process by NCLT with effect from 11 June 2018. Sundaresh Bhat has been appointed as the Interim Resolution Professional and as such the powers of the board are suspended and shall be exercised by the IRP.

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First Published: Jun 28 2018 | 6:36 PM IST

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