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NCLT initiates Corporate Insolvency Resolution Process for IVRCL

Capital Market 

Under Insolvency and Bankruptcy Code 2016

IVRCL announced that the Corporate Insolvency Resolution Process initiated by the State Bank of India against the company under the Insolvency and Bankruptcy Code 2016 has been admitted by the National Company Law Tribunal vide order dated 23 February 2018. The NCLT by the said order has appointed Sutanu Sinha as Interim Resolution Professional under the provision of IBC.

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, March 03 2018. 14:41 IST
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