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BoI classifies Rs 616-crore loan to Rolta India Ltd as fraud The National Company Law Tribunal (NCLT), Mumbai Bench, admitted Rolta India into insolvency in January 2023 following a petition by Union Bank of India The company owes Rs 14,000 crore to its different creditors, including Rs 13,700 crore to its secured and unsecured creditors
Rolta India unit lands in bankruptcy court | M A Critique The bankruptcy court in Mumbai has admitted Rolta Defence Technology Systems, an affiliate of software firm Rolta India, under the Corporate Insolvency Resolution Process (CIRP) following an application filed by one of its employees
After dodging bankruptcy thrice in five years, Rolta India has been . . . Mumbai-headquartered Rolta India is at the insolvency court for the fourth time in less than five years On January 19, 2023, the Mumbai bench of the NCLT admitted Union Bank of India’s plea, the fourth such against Rolta India, for a default of INR1,413 crore
After dodging bankruptcy thrice in five years, Rolta India has been . . . Mumbai-headquartered Rolta India is at the insolvency court for the fourth time in less than five years On January 19, 2023, the Mumbai bench of the NCLT admitted Union Bank of India’s plea, the fourth such against Rolta India, for a default of INR1,413 crore
Rolta India Ltd. News and Updates - Trendlyne The National Company Law Tribunal (NCLT) has dismissed a petition of the promoters of IT firm Rolta India Ltd seeking one-time settlement and regain the control of the company facing insolvency proceedings