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| Exchange Received Time 28/05/2018 11:34:27 Exchange Disseminated Time 28/05/2018 11:34:32 Time Taken 00:00:05 | The appeals filed in the Hon''ble NCLAT against the NCLT orders admitting RCOM, RITL and RTL to the debt resolution process and appointment of the Interim Resolution Professional, were mentioned for urgent hearing today.
The Hon''ble NCLAT has fixed the appeals for hearing tomorrow i.e. Tuesday, May 29, 2018.
All banks and financial institutions of the above 3 companies have unanimously decided to oppose the NCLT debt resolution process.
Major lenders, including China Development Bank, State Bank of India and Standard Chartered Bank, have been formally impleaded to the appeal proceedings before the Hon''ble NCLAT. |
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