"NCLT (National Company Law Tribunal) has issued a moratorium order against the company for the purpose referred to in section 14 of the Insolvency & Bankruptcy Code, 2016 for initiating the Corporate Resolution Process pursuit to the petition filed under Section 9 of the Insolvency & Bankruptcy Code, 2016 by Orissa Stevedores Ltd," the company said in a statement.
The company is engaged in production and mining of iron ore, manganese ore and sponge iron.
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