On January 29, Ricoh India filed for insolvency under India’s recently amended Insolvency and Bankruptcy Code (IBC) (see “Ricoh India Makes It Official, Announces Bankruptcy”). On May 28, Ricoh Corporation, Ricoh India’s parent company, announced that India’s National Company Law Tribunal (NCLT) decided to admit Ricoh India’s insolvency petition. As a result, an interim resolution
