Cement News tagged under: GuarantCo
GuarantCo files a petition for insolvency against Calcom Cement15 October 2019, Published under Cement NewsMauritius-based GuarantCo has filed a petition for insolvency against Calcom Cement India (Dalmia Cement (Bharat)), regarding an alleged non-payment of around INR1bn (US$14m). GuarantCo, a financial creditor of the cement manufacturer, filed the insolvency petition against the company at the Guwahati bench of the National Company Law Tribunal (NCLT) under Section 7 of the Insolvency and Bankruptcy Code (IBC), according to The Financial Express. According to the petition, there was a total... |
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