Application filed against Coffee Day Enterprises for insolvency proceeding ...Middle East

News room odisha - News
Application filed against Coffee Day Enterprises for insolvency proceeding
New Delhi: An application has been filed against Coffee Day Enterprises under Section 7 of the Insolvency and Bankruptcy Code, 2016 for insolvency proceedings. The application has been filed by IDBI Trusteeship Services Limited before the National Company Law Tribunal, Bengaluru for alleged default of Rs 228.45 crore. “The Company is seeking appropriate legal advice and will take all appropriate steps to protect its interest in the aforesaid matter,” Coffee Day Enterprises said in a filing. This application comes almost a month after the National Company Law Appellate Tribunal (NCLAT) had stayed an order of the NCLT that had directed initiation of insolvency proceedings against the company.

Hence then, the article about application filed against coffee day enterprises for insolvency proceeding was published today ( ) and is available on News room odisha ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Application filed against Coffee Day Enterprises for insolvency proceeding )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in News