NCLT orders HDIL lenders to submit pending dues by September 8
NEW DELHI: The National Company Law Tribunal (NCLT) has ordered corporate insolvency resolution process of debt-ridden real estate major Housing Development and Infrastructure Ltd (HDIL), asking the lenders to submit their dues claims by September 8. “The creditors of HDFI are hereby called upon to submit their claims with proof on or before September 8, […]
Abhay Narayan Manudhane appointed IRP for insolvency proceedings: HDIL
NEW DELHI: Debt-ridden realty firm HDIL on Friday said Abhay Narayan Manudhane has been appointed as interim resolution professional (IRP) to run the insolvency proceedings that has been ordered against the company. In a regulatory filing, HDIL said the IRP has been appointed to carry the functions as mentioned under Insolvency and Bankruptcy Code (IBC). […]