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| Exchange Received Time 04/07/2018 18:25:46 Exchange Disseminated Time 04/07/2018 18:25:51 Time Taken 00:00:05 | Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that an application has been filed against the Company, under Section 7 of the Insolvency and Bankruptcy Code, 2016, by Religare Finvest Limited, claiming to be a Financial Creditor, before the Hon'ble National Company Law Tribunal, Kolkata Bench for initiation of Corporate Insolvency Resolution Process against the Company, claiming a default of Rs. 51,30,13,699/-.
In this connection, please note that the Company has raised dispute in this matter with the aforesaid Financial Creditor. |
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