DDF Exclusive HC orders winding up of Nimbus Communications for bank defaults

rashwin99

Member
Joined
21 Jul 2017
Messages
145
Reaction score
283
The Bombay High Court has passed an order for closure of Nimbus Communications in a lawsuit filed by the Union Bank of India for recovery of loans and bank guarantees.

The Court while passing the orders to wind up the company has cited the company’s financial status as “absolutely precarious”. The court has also directed its liquidator to attach Nimbus Communications’ properties for recovery of the bank dues.

HC orders winding up of Nimbus Communications for bank defaults - InsideSport.co
 
So what will happen to Neo sports and Neo Prime whether they will shut down.
 
Back
Top Bottom
AdBlock Detected

We get it, advertisements are annoying!

Sure, ad-blocking software does a great job at blocking ads, but it also blocks useful features of our website. For the best site experience please disable your AdBlocker.

I've Disabled AdBlock