BIL VYAPAR LIMITEDBILVYAPARDeterioratingCriticalmateriality 100 out of 100
Outcome of 15th meeting of Committee of Creditors
Update 10 of 18 in a matter ongoing since
Distressinsolvency
As filed
BIL VYAPAR LIMITED has informed the Exchange about Outcome of 15th meeting of 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.