Ruby Mills updates on pending litigations & disputes ...Middle East

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Ruby Mills updates on pending litigations & disputes
New Delhi: Ruby Mills has made a disclosure on January 5 regarding the company petition filed by Shreem Corporation Pvt. Ltd., (through its Resolution Professional), formerly known as Rajput Retail Limited (RRL) against the company concerning disputes between and the Promoters/Directors of RRL and State Bank of India (SBI/ Bank). “The Company Petition C.P. (IB) 236/2022 was listed on 22.12.2023 for compliance on the deposit by SBI of Rs 22.50 crore for having made with RP. SBI on 22.12.2023 confirmed the deposit of Rs 22.50 crore. In view of the payment made to RP by SBI, NCLT has disposed of the Company petition along with the Company’s IA 1002/2022. The case status of the Company Petition

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