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BSE SENSEX
85,893.84
+57.72
+0.07 %
Corporate Announcement
Security Code
533309
Company
DALMIA BHARAT LTD.
Exchange Received Time
15/11/2018 17:42:43
Exchange Disseminated Time
15/11/2018 17:42:52
Time Taken
00:00:09
Appeal Filed By Step Down Subsidiary Of The Company Namely Rajputana Properties Private Limited (RPPL) Under Section 62 Of The Insolvency And Bankruptcy Code, 2016 Before Hon''ble Supreme Court Of India. |
11/15/2018 5:42:44 PM
This is to intimate that RPPL, a step down subsidiary of the Company filed a Civil Appeal before the Hon''ble Supreme Court of India, challenging Impugned Order dated November 14, 2018 passed by NCLAT in Company Appeal (AT) (Insolvency) No. 188 of 2018 where by the revised resolution plan submitted by UltraTech Cement Limited is approved.
The said appeal of RPPL was mentioned for hearing before the Court of Hon''ble Chief Justice of India. Upon hearing and having seen the urgency, the matter has been directed to be listed for hearing on November 19, 2018.
Accordingly the impugned NCLAT Order under challenge cannot be given effect at this stage.
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