VOVL gets 6-month extension for resolution plan – Economic Times
The bankruptcy court has allowed a 180-day extension for corporate insolvency resolution process (CIRP) of VOVL, an oil and gas exploration company owned by Venugopal Dhoot, giving its lenders time until May 22, 2023, to finalise a resolution plan for the company. The Mumbai bench of the National Company Law Tribunal (NCLT) has also allowed…