Maharashtra Seamless has informed that the Honorable Hyderabad Bench of National Company Law Tribunal (‘NCLT’), has on 21st January, 2019, approved the Resolution Plan submitted by the company (resolution applicant) for acquisition of United Seamless Tabulaar Private Limited (USTPL) under the Corporate Insolvency Resolution Process (CIRP) initiated against USTPL under the Insolvency and Bankruptcy Code 2016 (IBC).
The above information is a part of company’s filings submitted to BSE.
