The case involves M/s. Action Construction Equipment Ltd. V/s. Unitech Infra Ltd. before the New Delhi Bench of the National Company Law Tribunal (NCLT). The Operational Creditor's counsel informed the Bench that the Hon'ble Apex Court directed that no coercive steps be taken against the Corporate Debtor in SLP No. 597825979 of 2017.
The case involves M/s. Action Construction Equipment Ltd. as the petitioner and Unitech Infra Ltd. as the respondent. The Operational Creditor's counsel informed the NCLT that the Hon'ble Apex Court had directed that no coercive steps should be taken against the Corporate Debtor, Unitech Infra Ltd., in SLP No. 597825979 of 2017. Consequently, the petition was adjourned Sine Die. The key fact is the Apex Court's directive, which directly influenced the NCLT's decision to adjourn the proceedings indefinitely.
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The Hon'ble Apex Court in SLP No. 597825979 of…
The Operational Creditor's counsel informed the…
The case involves M/s. Action Construction Equipment Ltd. V/s. Unitech Infra Ltd. before the New Delhi Bench of the National Company Law Tribunal (NCLT). The Operational Creditor's counsel informed the Bench that the Hon'ble Apex Court directed that no coercive steps be taken against the Corporate Debtor in SLP No. 597825979 of 2017.
The case involves M/s. Action Construction Equipment Ltd. as the petitioner and Unitech Infra Ltd. as the respondent. The Operational Creditor's counsel informed the NCLT that the Hon'ble Apex Court had directed that no coercive steps should be taken against the Corporate Debtor, Unitech Infra Ltd., in SLP No. 597825979 of 2017. Consequently, the petition was adjourned Sine Die. The key fact is the Apex Court's directive, which directly influenced the NCLT's decision to adjourn the proceedings indefinitely.
The Hon'ble Apex Court in SLP No. 597825979 of…
The Operational Creditor's counsel informed the…