Bankruptcy Court admits Oban Fashions under insolvency resolution – ET Retail
Representative image The bankruptcy court in Mumbai has admitted Oban Fashions Pvt Ltd, a wholly-owned subsidiary of listed Knitwear brands Rupa & Co Ltd under the Corporate Insolvency Resolution Process (CIRP) in an application filed by its operational creditor Sunrise Knitting Mills Pvt Ltd. The Mumbai bench of the National Company Law Tribunal (NCLT) admitted…