Following BIFR order on 14 October 2015
JCT Electronics announced that pursuant to the same, the BIFR had ordered issue of notice for the proposed winding up of the Company to be published in the news papers inviting objections / suggestions, if any, from shareholders, creditors etc. In terms of the said direction, the statutory advertisement was published in the newspapers on 06 August 2015 wherein objections, if any, were to be filed with BIFR within 60 days of the publication and the case was listed for mandatory hearing on 14 October 2015.In the mandatory hearing held on 14 October 2015, the Hon'ble BIFR after verifying that no objections/suggestions had been received and further on confirming from all banks, financial institutions, workers etc. present, passed the order declaring the company to be wound up.
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