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Oasis Textiles update on NCLT order of liquidation

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Capital Market

Passed on 22 November 2017

Oasis Textiles announced that the application filed by the Umesh Harjivandas Ved before the Hon'ble National Company Law Tribunal, (NCLT) Ahmedabad Bench, for ordering the liquidation of the corporate debtor Oasis Textiles, was admitted and an order of liquidation and appointing the Umesh Harjivandas Ved as liquidator under Section 34(1) of the Insolvency and Bankruptcy Code, 2016, was passed on 22 November 2017.

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First Published: Nov 27 2017 | 9:58 AM IST

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