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Mumbai: NCLT Admits Central Bank’s Insolvency Plea Against Rama Agro Foods Over ₹27.29-Crore Default

Mumbai: NCLT Admits Central Bank’s Insolvency Plea Against Rama Agro Foods Over ₹27.29-Crore Default
Photo: Free Press Journal · view original

Mumbai, September 2, 2026: The Mumbai bench of the National Company Law Tribunal (NCLT) has admitted a plea filed by Central Bank of India to initiate insolvency proceedings against Pune-based Rama Agro Foods Pvt Ltd, which had stood as a corporate guarantor for a loan extended to a sugar company...

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