Corporate Announcement
Security Code : 532873    Company : HDIL    
 
Corporate Insolvency Resolution Process (CIRP)-Initiation of Corporate Insolvency Resolution Process (CIRP) by Financial CreditorsDownload PDF Download XBRL
  Exchange Received Time  20/08/2019 18:35:14         Exchange Disseminated Time   8/20/2019 6:35:20 PM              Time Taken   00:00:06
This is to inform that Housing Development and Infrastructure Limited, (the 'Company") has been admitted under the provisions of The Insolvency Bankruptcy Code, 2016 (''IBC') in term of order dated August 20, 2019 passed by Hon''ble National Company Law Tribunal, Special Bench (''NCLT''), pursuant to an application filed by the Bank of India under Section 7 of IBC. The Certified Copy is not yet available with the Company.

Further, the Company is under the process to file an appeal to National Company Law Appellate Tribunal ('NCLAT') against the order passed by Hon''ble National Company Law Tribunal.

The stakeholders will be updated accordingly.
 

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