- All
- Important
- Financial Update
- Fund Raise
- Board Meeting
- Dividend/Bonus
- JV/Acquisition
- Investor Meet
- Insider Trade
- Pledging
- Others
Loading...
Oswal Overseas Limited has received intimation about an insolvency petition filed by L H Sugar Factories Limited before the National Company Law Tribunal. The petition aims to initiate a Corporate Insolvency Resolution Process (CIRP) against the company, citing defaults on an Inter-Corporate Deposit. The default amount specified in the petition is 2.25 Cr. The company is currently seeking appropriate legal assistance to protect its interests and will inform stakeholders of any significant updates. This development is a key operational and financial challenge.