Allcargo Logistics LimitedALLCARGODeterioratingCriticalmateriality 98 out of 100
Logistics Limited has updated the Exchange on Hon'ble NCLT hearing on Composite Scheme of Arrangement
Update 2 of 3 in a matter ongoing since
Distressinsolvency
As filed
Allcargo Logistics Limited has updated the Exchange on Hon'ble NCLT hearing on Composite 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.