You are here: Home » Companies » News
Adani Group to foray into steel sector, eyes RINL bidding in January 2023
United Airlines cancels 18 flights, grounds 25 planes on missed inspection
Business Standard

NCLT adjourns Bajaj Hindusthan bankruptcy petition to December 7

In an order dated September 14, the NCLT asked Bajaj Hindusthan to file a reply to the SBI petition in three weeks

Topics
Bajaj Hindusthan | NCLT | sbi

BS Reporter  |  Mumbai 



SBI

The National Company Law Tribunal's Allahabad bench has listed the State Bank of India petition against Sugars for December 7.

In an order dated September 14, the asked to file a reply to the petition in three weeks. The lender was given another two weeks to file its rejoinder to Bajaj Hindusthan's reply.

was sent to for by after the company failed to repay its loans.

The company had received two debt restructurings from the lender, but failed to meet the requirements of the schemes.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.


We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Wed, September 21 2022. 11:28 IST

RECOMMENDED FOR YOU
.