Legal
NCLT Ahmedabad clears JM Financial-RIL's offer for Alok Industries with riders
Updated : March 08, 2019 11:55 PM IST
In July 2017, the Ahmedabad bench of the NCLT, had admitted insolvency proceedings against the textile company under the Insolvency and Bankruptcy Code.
Earlier, the Committee of Creditors (CoC) had twice rejected the RIL-JM Financial bid for Alok Industries.
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