NCLT asks Reid & Taylor investor to tell amount it can deposit as earnest money
SP Growth Partners, an investor in the Reid & Taylor, has been asked to inform the NCLT how much it can deposit as the earnest money before filing the resolution plan
Mumbai: The National Company Law Tribunal (NCLT) has asked SP Growth Partners (SPGP), an investor in the bankrupt premium apparel brand Reid & Taylor (RTIL), to inform the bench how much it can deposit as the earnest money deposit (EMD) before filing the resolution plan.
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