{"id":331526,"date":"2020-01-30T11:49:36","date_gmt":"2020-01-30T06:19:36","guid":{"rendered":"http:\/\/infralive.com\/web\/?p=331526"},"modified":"2020-01-30T12:09:23","modified_gmt":"2020-01-30T06:39:23","slug":"nclt-extends-videocons-insolvency-resolution-process","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/nclt-extends-videocons-insolvency-resolution-process\/","title":{"rendered":"NCLT extends Videocon&#8217;s insolvency resolution process"},"content":{"rendered":"<p>VideoconNSE -4.44 % Industries received a nod from NCLT to extend the corporate insolvency resolution process for another 90 days. The CIRP was to come to a halt on 4th of February 2020.<\/p>\n<p>&#8220;This is for the extension of the CIRP process as it ends on 4th of February. Public notices are being given for the submission of bids on 31st of Jan and we see a lot of it coming in, so we request the CIRP process be extended further,&#8221; said the counsel representing Videocon Industries.<\/p>\n<p>Videocon Group had sought expression of interests (EoIs) for its 13 group companies undergoing resolution in the Indian bankruptcy court in October and it was to come to an end by January 2020.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>VideoconNSE -4.44 % Industries received a nod from NCLT to extend the corporate insolvency resolution process for another 90 days. The CIRP was to come to a halt on 4th of February 2020. &#8220;This is for the extension of the CIRP process as it ends on 4th of February. Public notices are being given for the submission of bids on 31st of Jan and we see a lot of it coming in, so we request the CIRP process be extended further,&#8221; said the counsel representing Videocon Industries. Videocon Group had sought expression of interests (EoIs) for its 13 group companies [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-331526","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/331526","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=331526"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/331526\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=331526"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=331526"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=331526"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}