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Bombay Rayon: The National Company Law Tribunal (NCLT), while allowing an application to admit the liquidation company, also appointed lenders and resolution professional recommended Truvisory Insolvency Professionals (IPE) as its liquidator. ....
Bombay Rayon Fashions: JM Financial Asset Reconstruction Company and JM Financial Properties submitted expressions of interest for all categories of its assets. While JM Financial ARC holds 91% of the admitted financial claims, the remaining 9% is by Axis Bank. ....