Khadim India LimitedKHADIMDeterioratingCriticalmateriality 93 out of 100
NCLT Order approving the Scheme of Arrangement
Distressinsolvency
As filed
Khadim India Limited has informed the Exchange about NCLT Order approving the Scheme of Arrangement
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.