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| Exchange Received Time 22/11/2018 15:18:18 Exchange Disseminated Time 22/11/2018 15:18:26 Time Taken 00:00:08 | We are in receipt, through a lawyer firm, of the copy of application filed by Bank of Maharashtra under the Insolvency & Bankruptcy Code, 2016 for an amount of Rs. 521.97 Crore. The Company is in process of taking legal advice to deal with the same. In this connection, it is also hereby pointed out that Bank of Maharashtra has recently released a notification for sale of assets including the debt of the Company amounting to Rs. 352.58 Crore as per their ledger balance.
Kindly take a note of the same. |
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