India: KKR drags dairy company Kwality to NCLT over loan default

dealstreetasia.com - 2018-10-18

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“…the company has now received today a communique from advocates & solicitors of KKR India Financial Services Pvt Ltd, informing, that a company petition U/S 7 of Insolvency and Bankruptcy Code 2016, is being filed before the Hon’ble National Company Law Tribunal (NCLT) Delhi. The Company has also received an e-communique from e-filing@nclt.gov.in portal in this regard,” Kwality said in the filing.