ALFA Filings
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The NCLT has admitted an insolvency petition under Section 7 of the IBC against KM Toll Road, a wholly-owned subsidiary of Reliance Infrastructure, regarding a ₹233.44 Crore claim.
The NCLT Mumbai Bench has allowed the withdrawal of an insolvency petition filed by NARCL against joint venture entity Mumbai Metro One Private Limited.
NCLT admitted CIRP against Reliance Infra's subsidiary HK Toll Road for a Rs.282.60 crore claim by Canara Bank. The company has already provided for its Rs.355 crore exposure.