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HDIL shares hit 52-week low as NCLT admits firm under insolvency proceedings

Updated : August 21, 2019 11:55 AM IST

HDIL stated that the company will approach the National Company Law Appellate Tribunal (NCLAT) against the order passed by NCLT.
The NCLT on June 4 had warned given HDIL four weeks time to pay Rs 98 crore to Bank of India and warned the company that faliure to do so would initiate insolvency proceedings.
HDIL shares hit 52-week low as NCLT admits firm under insolvency proceedings

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