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Scooters India gets discharge from BIFR

07 Oct 2015 Evaluate

With reference to the earlier letter dated September 21, 2015, Scooters India has now informed that Hon’ble bench of Board for Industrial & Financial Reconstruction, New Delhi has discharged the Company from its purview on its ceasing as Sick Industrial Company in terms of the provision of section 3 (1) (0) of Sick Industrial Company (special provision) Act 1985 during recent hearing held on September 15, 2015.

The above information is a part of company’s filings submitted to BSE.

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