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Alok Industries Ltd. - Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal

| Updated on March 09, 2019 Published on March 09, 2019

Pursuant to the verbal order pronounced by the Honble Bench of Honble National Company Law Tribunal (Ahmedabad) on March 8, 2019, the resolution plan dated April 12, 2018 submitted by Reliance Industries Limited, JM Financial Asset Reconstruction Company and JM Financial Asset Reconstruction Company Limited (as trustee to JMF ARC - March 2018 - Trust) has been approved by the Honble National Company Law Tribunal (Ahmedabad). Please note that this disclosure is being made pursuant to the oral pronouncement of order by the Honble National Company Law Tribunal. Upon the written order being made available, an updated disclosure shall be made.
We are informing the Exchanges about the above development based on the oral order as a matter of good governance since the formal written order is yet to be uploaded.

Pdf Link: Alok Industries Ltd. - Corporate Insolvency Resolution Process (CIRP)-Approval of Resolution plan by Tribunal

Source : BSE - www.bseindia.com

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Published on March 09, 2019
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