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Bank of India initiates CIRP against Khaitan Electricals

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Capital Market
Last Updated : Jun 05 2018 | 9:31 AM IST

Files application with NCLT, Hyderabad Bench

Khaitan Electricals announced that Bank of India has filed an application with Hon'ble National Company Law Tribunal (NCLT), Hyderabad Bench, Hyderabad for initiation of Corporate Insolvency Resolution Process against the company [Under section 7 of the Insolvency and Bankruptcy Code, 2016 read with Rule 4 of the Insolvency and Bankruptcy [Application to Adjudicating Authority] Rules 2016.

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First Published: Jun 05 2018 | 9:20 AM IST

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