Osia Hyper Retail LimitedOSIAHYPERNSE
Corporate Insolvency Resolution Process
DistressMinormateriality 45 out of 100
What happened
FactCorporate Insolvency Resolution Process. the petition for initiation of Corporate Insolvency Resolution Process (CIRP) against Osia Hyper Retail. (Formerly Known as Mantrah Insolvency Professionals Private Limited).
Why it matters
CapitSignal interpretationOnce an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.