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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

Bajaj Hindusthan | NCLT | sbi

BS Reporter  |  Mumbai 


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.

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