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Jain Studios has informed that the Honorable National Company Law Tribunal (NCLT), Delhi Bench has passed the order under Section 7 of the insolvency and Bankruptcy Code, 2016, filed by the Financial Creditor and initiating the Corporate insolvency Resolution Process under Insolvency and Bankruptcy Code, 2016 (13C). A Copy of the Order issued by the NCLT, Delhi is enclosed.

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

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