GVK Power & Infrastructure Limited — Others, 23-07-2025: Corporate Insolvency Resolution Process
23-07-2025 | 12:19 pm
23-07-2025 | 12:19 pm
GVK Power & Infrastructure Ltd, currently undergoing Corporate Insolvency Resolution Process (CIRP), has secured a third 90-day extension for its resolution period. The Committee of Creditors (COC) approved this extension, which has also been sanctioned by the National Company Law Tribunal (NCLT). This prolongation indicates that a comprehensive resolution plan for the company's insolvency is still being finalized. For stakeholders, this means continued uncertainty surrounding the company's future as the process extends for an additional period, allowing more time to achieve a resolution.
No comments yet. Be the first to comment!
