Reliance Naval winner seeks more time to start payments - Jobs World

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Wednesday, March 15, 2023

Reliance Naval winner seeks more time to start payments

Reliance Naval winner seeks more time to start payments https://ift.tt/QlO4ATf per the payment schedule approved by NCLT, the Swan Energy-Hazel Mercantile team had to pay ₹200 crore to lenders, ₹65 crore towards CIRP cost and ₹10 crore to trade creditors and employees. They needed to make this payment within 90 days from December 23, 2022, when NCLT approved their resolution plan.

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