Brief: Adlabs Entertainment Says Creditor Corporation Bank Filed Application To NCLT

Imagicaaworld Entertainment

10/06/2019 08:45

June 10 (Reuters) - Adlabs Entertainment Ltd  ADLA.NS :
    * ONE OF CO'S FINANCIAL CREDITORS CORPORATION BANK HAS FILED
APPLICATION TO NATIONAL COMPANY LAW TRIBUNAL
    * APPLICATION DOES NOT CONSTRUE ADMISSION BY NCLT FOR
INITIATION
OF CORPORATE INSOLVENCY RESOLUTION PROCESS
    * COMPANY CONTINUES TO ENGAGE WITH ITS CONSORTIUM OF LENDERS
FOR
RESOLUTION OUTSIDE OF NCLT

Source text: http://bit.ly/2wNGGwE
Further company coverage:  ADLA.NS 

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