GAIL releases payment to all stakeholders of JBF Petrochemicals as per NCLT Order- CIRP gets completed in 15 months
New Delhi, June 08, 2023 :In a first of its kind endeavour for a Central Public Sector Enterprise (CPSE), GAIL (India) Limited emerged successful in Corporate Insolvency Resolution Process (CIRP) of JBF Petrochemicals in competitive bidding seeing through major India petrochemical players in the process. GAIL was adjudged as a Successful Resolution Applicant and Hon’ble …