Brief: Amit Spinning Industries says insolvency process initiated for co by order of NCLT
Aug 2 (Reuters) - Amit Spinning Industries Ltd AMSP.NS
* CIRP initiated in respect of co under provisions of
Insolvency and Bankruptcy code by order of NCLT w.e.f. Aug 1
* Powers of board of directors stands suspended, and such
powers shall be vested with Parveen Bansal appointed as IRP with
respect to co
Source text - http://bit.ly/2w55leP
Further company coverage: AMSP.NS
((Bangalore.newsroom@thomsonreuters.com;))
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