JSW Infrastructure Ltd.JSWINFRAMixedCriticalmateriality 95 out of 100
'Approval of the Company s Resolution Plan for NCR Rail Infrastructure Limited by the Committee of Creditors'
Update 1 of 3 in a matter ongoing since
Distressinsolvency
As filed
JSW Infrastructure Limited has informed the Exchange regarding 'Approval of the Company s Resolution Plan for NCR Rail Infrastructure Limited by the Committee of Creditors'.
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.