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Gammon India Ltd. - Intimation Of Winding Up Order Passed By The Honble High Court Of Bombay In Company Petition No: 538 Of 2014 And Its Subsequent Stay

| Updated on November 06, 2018 Published on November 06, 2018

Pursuant to Regulation 30 read with Para A of Part A of Schedule III and sub-clause 11 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 we wish to inform you that the Honble High Court of Bombay has admitted a winding up order against the Company in Company Petition No: 538 of 2014 filed by the State Bank of India.
The Company had filed an appeal before the Vacation Bench of the Honble High Court, Mumbai on 6th November, 2018 and the Honble Hugh Court was pleased to grant a stay on the proceedings of Winding Up until the next hearing which is scheduled to be held on 3rd December, 2018.
This stay is subject to a deposit of Rs. 2 Crore by the Company.
We shall keep you updated on the same.
Requesting you to kindly take note of the same.

Pdf Link: Gammon India Ltd. - Intimation Of Winding Up Order Passed By The Honble High Court Of Bombay In Company Petition No: 538 Of 2014 And Its Subsequent Stay

Source : BSE - www.bseindia.com

Published on November 06, 2018
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