Oberoi Realty Ltd.OBEROIRLTYDeterioratingCriticalmateriality 95 out of 100
Acquisition of Hotel Horizon Private Limited under the Insolvency and Bankruptcy Code, 2016
Distressinsolvency
As filed
Oberoi Realty Limited has informed the Exchange about Acquisition of Hotel Horizon Private Limited under the Insolvency and Bankruptcy Code, 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.