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Bengaluru bench of the National Company Law Tribunal (NCLT) has admitted battery tech startup Log9 Materials and its subsidiary Log9 Mobility into insolvency
The Tribunal approved a plea filed by Mumbai-based Ghalla & Bhansali Securities, which had provided loans to both companies
The creditor said Log9 Materials defaulted on more than INR 3.33 Cr and Log9 Mobility on more than INR 3.39 Cr
The Bengaluru bench of the National Company Law Tribunal (NCLT) has admitted…
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Bengaluru bench of the National Company Law Tribunal (NCLT) has admitted battery tech startup Log9 Materials and its subsidiary Log9 Mobility into insolvency
The Tribunal approved a plea filed by Mumbai-based Ghalla & Bhansali Securities, which had provided loans to both companies
The creditor said Log9 Materials defaulted on more than INR 3.33 Cr and Log9 Mobility on more than INR 3.39 Cr
The Bengaluru bench of the National Company Law Tribunal (NCLT) has admitted…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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