In 2016 someone filled a petition in Bombay High Court demanding its money back but court refused and told that the company has had a temorary setback and is making a sincere attempt of its rival with the assistance of large number of creditors. So it would not be desirable and in the interest of all the creditors including the petitioners .
NEW PLANS
Satendra Aggarwal the COO of Ruchi shared a plan of launching edible oils in all sectors. and more focus on nutrela and other food products.
Adani joined hands with Ruchi to help her out. The objective of joint venture(JV) was to sell retail products jointly but it also failed because they didn't receive NOC certificate from various bank
NEW PLANS
Satendra Aggarwal the COO of Ruchi shared a plan of launching edible oils in all sectors. and more focus on nutrela and other food products.
Adani joined hands with Ruchi to help her out. The objective of joint venture(JV) was to sell retail products jointly but it also failed because they didn't receive NOC certificate from various bank
The
ruling, offering respite to Ruchi Soya, noted that the company has had
“a temporary setback and is making a sincere attempt of its revival with
the assistance of large number of the creditors. So it would not be
desirable and in the interest of all the creditors including the
petitioner to pass any order of winding up against the
respondent-company at this stage”.
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The
ruling, offering respite to Ruchi Soya, noted that the company has had
“a temporary setback and is making a sincere attempt of its revival with
the assistance of large number of the creditors. So it would not be
desirable and in the interest of all the creditors including the
petitioner to pass any order of winding up against the
respondent-company at this stage”.
The
ruling, offering respite to Ruchi Soya, noted that the company has had
“a temporary setback and is making a sincere attempt of its revival with
the assistance of large number of the creditors. So it would not be
desirable and in the interest of all the creditors including the
petitioner to pass any order of winding up against the
respondent-company at this stage”.
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