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NCLT halts Hiranmaye Energy resolution plan

By Economic Times - 4 months ago
The Kolkata bench of the bankruptcy court halted the corporate insolvency resolution process (CIRP) of thermal power company Hiranmaye Energy on the promoter's plea that lenders should consider its ₹1,101.5 crore settlement offer, which is about one-fifth of the lenders' debt, showed a tribunal order.

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