Reliance Industries gets NCLT approval for Alok Industries - East West North South News

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Saturday, March 9, 2019

Reliance Industries gets NCLT approval for Alok Industries

The NCLT’s Ahmedabad bench approved the Rs 5,050-crore resolution plan submitted jointly by RIL and JM Financial, with immediate effect. Alok Industries is one of the 12 big firms identified for early bankruptcy proceedings by the RBI.

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