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Vardhman Polytex Settles IBC Proceedings with Bhagwati Cotton Company
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Vardhman Polytex Settles IBC Proceedings with Bhagwati Cotton Company
Vardhman Polytex Limited has reached an amicable settlement with M/s. Bhagwati Cotton Company, resolving insolvency proceedings initiated against the textile manufacturer before the National Company Law Tribunal (NCLT), Chandigarh Bench. The settlement relates to outstanding dues forming the subject of an application filed by Bhagwati Cotton Company, an Operational Creditor, under Section 9 of the […]
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