Insolvency Proceedings Initiated Against Wholly-Owned Subsidiary
Reliance Infrastructure Limited · RELINFRA · NSE ·
The National Company Law Tribunal (NCLT) has admitted HK Toll Road Private Limited, a wholly-owned subsidiary, into the Corporate Insolvency Resolution Process (CIRP). The action was initiated by Canara Bank for a default on a claim of **₹282.60 crore**. Reliance Infrastructure's…