PUNJLLOYDPUNJLLOYDDeterioratingCriticalmateriality 97 out of 100
Corporate Insolvency Resolution Process : This is to inform you that in terms of Regulation 32 B of the IBBI…
Update 2 of 29 in a matter ongoing since
Distressinsolvency
As filed
Punj Lloyd Limited has informed the Exchange about Corporate Insolvency Resolution Process : This is to inform you that in terms of Regulation 32 B of the IBBI (Liquidation Process) Regulations, 2016,
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.