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NCLT approves resolution plan for Amit Spinning Industries

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Capital Market

On 31 July 2018

Amit Spinning Industries announced that the National Company Law Tribunal (NCLT) has on 31 July, 2018, pronounced its order and approved the resolution plan as submitted by Deepak Chaganlal Choudhari and Jitendra Kumar Chopra for the Company pursuant to the Corporate Insolvency Resolution Process initiated as per the provisions of the Insolvency and Bankruptcy Code, 2016 vide NCLT order dated 01 August, 2017.

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First Published: Jul 31 2018 | 8:03 PM IST

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