Corporate DisclosureJUTESPINN

JUTESPINN Corporate Disclosure — 16 November 2021

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Last verified by BullBD

Announcement summary

What happened
JUTESPINN published a corporate disclosure on 16 November 2021. Read the full announcement for details.
Company
Jute Spinners Ltd.
Announcement published

Original announcement

(Continuation news of JUTESPINN): As of that date, the Company's current liabilities stood Tk. 688,606,902 which exceeded its total assets of Tk. 289,076,943 by Tk. 399,529,959. b) Loan holders (Janata Bank Ltd.) and one of the suppliers namely West Zone Power Distribution Company Ltd has initiated legal proceedings against the company. The company's outstanding liabilities in accord to the Artha Rin Suit No. 125/2018 filed by the Janata Bank Ltd. stands at an amount Tk. 491,669,209. (cont.2)

Source & verification

Source
Published company disclosure
Published through
Dhaka Stock Exchange
Announcement ID
61937ce903147376eacac594
Original publication
Last verified by BullBD
Translation
BullBD
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