Today news
About the same in other media
Shri Ram Multicom to acquire Sarga Hotels under IBC
Reading now: 664
Sarga Hotels, which operates a five-star hotel under the Westin brand in Kolkata, will be acquired by Shri Ram Multicom under the Insolvency and Bankruptcy Code (IBC) process.
The Kolkata bench of the National Company Law Tribunal approved a ₹301 crore resolution plan against ₹816 crore admitted claims from creditors, employees, and trade creditors. Shri Ram Multicom has developed Fairfield Hotel, a budget category hotel and operates malls and hotels in Dhanbad, Jharkhand.
Creditors JC Flowers Asset Reconstruction Company and Rare ARC have voted in favour of Shri Ram Multicom's plan.
About this in other media
Between the lines: Decoding the budget from Nirmala Sitharaman's statements economictimes.indiatimes.com /3 months ago
Second ETF inspired by Jim Cramer closing investmentnews.com /3 months ago
India on course to become third-largest economy by FY28 but…, says FM Nirmala Sitharaman livemint.com /3 months ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
