×
207
Fashion Jobs
WALPLAST PRODUCTS
Opening For Manager Sales - Walplast Products Pvt. Ltd. (Pune)
Permanent · Pune
ADECCO INDIA PRIVATE LIMITED
Job Opening For Area Sales Manager Role For Mnc Company
Permanent · Bengaluru
DR LAL PATHLABS
Area Sales Manager -Chandigarh
Permanent · Chandigarh
JOB INDIA
Regional Manager Sales (Backend Operations)Garments - Gurgaon
Permanent · Faridabad
MANPOWERGROUP SERVICES INDIA PRIVATE LIMITED
Area Sales Manager/sr.Area Sales Manager
Permanent · Kolkata
HERITAGE NUTRIVET LIMITED
Cattle Feed - Area Sales Manager - Salem Location
Permanent · Salem
THINK FIRST DIGITAL
Hiring For Event Production Manager - Mumbai
Permanent · Mumbai
LUPIN
Opportunity For Area Manager - Mass Marketing - Lupin Ltd
Permanent · Pune
SOBHA
Manager - Sales at Sobha Nesara, Kothrud - Pune
Permanent · Pune
MIDAS HYGIENE INDUSTRIES PRIVATE LIMITED
Area Sales Manager - Punjab
Permanent · Jalandhar
PETPOOJA
Area Sales Manager || Software Sales (Pos) || Petpooja
Permanent · Navi Mumbai
FLEETX
Assistant Area Sales Manager/ Area Sales Manager
Permanent · Haldia
FLEETX
Area Sales Manager
Permanent · Tirunelveli
MINIVEL SERVICES
Area Sales Manager - Insurance Company
Permanent · Bengaluru
POLYCAB
Area Sales Manager
Permanent · Chennai
ACME SERVICES PRIVATE LIMITED
Purchase Manager For a Leading Textile Brand
Permanent · Mumbai
SBFC FINANCE
Area Sales Manager And Sales Manager- Loan Against Property
Permanent · Ahmedabad
GRAND CHEMICAL WORKS
Area Sales Manager- Lucknow (gt Fmcg)
Permanent · Lucknow
GRAND CHEMICAL WORKS
Area Sales Manager - Jaipur (gt)
Permanent · Kota
PUMA
Manager- Supply Planning
Permanent · Bengaluru
PUMA
Senior Manager - Performance Marketing- Marketplac…
Permanent · Bengaluru
SURYA FOOD AGRO LTD
Production Manager
Permanent · Greater Noida
Published
Jun 20, 2022
Share
Download
Download the article
Print
Click here to print
Text size
aA+ aA-

Bombay Rayon Fashions (BRFL) faces insolvency proceedings at NCLAT

Published
Jun 20, 2022

Bombay Rayon Fashions Limited is facing insolvency proceedings with the National Company Law Appellate Tribunal but received temporary relief as the NCLAT has stayed the formation of the Committee of Creditors. 

BRFL Textiles Private Limited's plant at Tarapur - BRFL Textiles Private Limited- Facebook


The textiles business will still face a continued Corporate Insolvency Resolution Process, however, and the resolution professional for the case will have to keep monitoring the business as a concern under the Insolvency and Bankruptcy Code, ET Bureau reported. The NCLAT had previously appointed AAA Insolvency Professionals’ Santanu T Ray as resolution professional for Bombay Rayon Fashions’ insolvency case. A member of Bombay Rayon Fashions’ suspended board, Prashant Agrawal, did appeal this ruling at the appellate tribunal. 

Bombay Rayon Fashions faced NCLAT proceedings when one of its operational creditors filed a petition against the business for allegedly failing to properly repay debts. The recent hearing on June 15 saw the NCLAT division bench of Justice M Venugopal and Kanthi Narahari adjourn the case until July 7. 

Executives of Bombay Rayon Fashions have been forbidden to transfer or dispose in any way of the company’s assets by an NCLAT ruling on June 7. The business had reported a net los if around Rs 300 crore in the 2021 financial year, according to a stock exchange filing accessed by the Economic Times. 

Copyright © 2022 FashionNetwork.com All rights reserved.