NCLT initiates insolvency against Himalayan Mineral Water

Credit: IndiaTimes- Published on June 9, 2024
The National Company Law Tribunal (NCLT) has ordered the initiation of insolvency proceedings against Himalayan Mineral Waters. This decision comes as a response to Jammu & Kashmir Bank's plea regarding the default of a corporate guarantee provided for LeeL Electricals. The Allahabad bench of NCLT has appointed Bhoopesh Gupta as...

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