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Dalmia Bharat Ltd. - Appeal Filed By Step Down Subsidiary Of The Company Namely Rajputana Properties Private Limited (RPPL) Under Section 62 Of The Insolvency And Bankruptcy Code, 2016 Before Honble Supreme Court Of India.

| Updated on November 15, 2018 Published on November 15, 2018

This is to intimate that RPPL, a step down subsidiary of the Company filed a Civil Appeal before the Honble Supreme Court of India, challenging Impugned Order dated November 14, 2018 passed by NCLAT in Company Appeal (AT) (Insolvency) No. 188 of 2018 where by the revised resolution plan submitted by UltraTech Cement Limited is approved.

The said appeal of RPPL was mentioned for hearing before the Court of Honble Chief Justice of India. Upon hearing and having seen the urgency, the matter has been directed to be listed for hearing on November 19, 2018.

Accordingly the impugned NCLAT Order under challenge cannot be given effect at this stage.

Pdf Link: Dalmia Bharat Ltd. - Appeal Filed By Step Down Subsidiary Of The Company Namely Rajputana Properties Private Limited (RPPL) Under Section 62 Of The Insolvency And Bankruptcy Code, 2016 Before Honble Supreme Court Of India.

Source : BSE - www.bseindia.com

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Published on November 15, 2018
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