NCLT Orders Insolvency Proceedings Against Coffee Day Enterprises – News18
Coffee Day Enterprises Ltd, which also owns and operates a resort, renders consultancy services and is engaged in the sale and purchase of coffee beans, had defaulted in the payment of coupon payments of redeemable non-convertible debentures (NCDs). The Bengaluru bench of the NCLT on August 8 admitted the plea filed by IDBI Trusteeship Services…