Gulf Oil-lubricants-india

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NCLT admits insolvency petition against Eastern Coalfields for non-payment of interest
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NCLT admits insolvency petition against Eastern Coalfields for non-payment of interest

The Kolkata bench of National Company Law Tribunal (NCLT) has ordered the commencement of corporate insolvency resolution process against the Eastern Coalfields (ECL), a subsidiary of the Coal India, for non-payment of interest.