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Kirloskar Electric Company Ltd

Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial Creditors

05:41 PM, 27th Nov 2023

Please find attached disclosure under clause 16(b) of Para A of Part A of Schedule III of SEBI(LODR) Regulations 2015 w.r.t application against the Company to intiate CIRP under section 7 of IBC 2016. The alleged claim has already been disputed by the Company and is the subject matter of pending proceedings filed by the Company before the Additional City Civil & Sessions Court Bangalore.

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