NCLT passes order to liquidate dairy firm Kwality

NCLT passes order to liquidate dairy firm Kwality

The National Company Law Tribunal (NCLT) has directed to liquidate debt-ridden dairy firm Kwality Ltd after the company failed to finalise any bidder within the specified time-frame. The NCLT had directed to initiate insolvency proceedings against Kwality Ltd on December 11, 2018 over the plea filed by the financial creditors Punjab National Bank and KKR India Financial Services.

Read more at 
The Hindu

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