On 06 May 2019
Seshosoyee Paper & Boards announced that the company has submitted a Proposed Draft Composite Scheme of Compromise / Arrangement with the creditors and members of Servalakshmi Papers (Company under Liquidation) (SPL) and Scheme for Amalgamation with Seshasayee Paper and Boards under Sections 230 232 of the Companies Act, 2013 and Rules there under, in line with the Final Order of the Hon'ble NCLAT dated 27 February 2019 and in consonance with the statement and object of the Insolvency and Bankruptcy Code, 2016.Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app