
NCLT extends Videocon's insolvency resolution process
Wednesday, January 29, 2020, 4:22 PM
Videocon Industries received a nod from NCLT to extend the corporate insolvency resolution process for another 90 days. The CIRP was to come to a halt on 4th of February 2020. Videocon Group had sought expression of interests (EoIs) for its 13 group companies undergoing resolution in the Indian bankruptcy court in October and it was to come to an end by January 2020.
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