The National Company Law Tribunal (NCLT) admitted an insolvency petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, on May 3, 2018. The parties involved subsequently settled the matter according to the terms of a settlement dated May 2, 2018.
RT Network Solutions Private Limited filed an appeal against Projects India Enterprise. The National Company Law Tribunal (NCLT) admitted an insolvency petition against Projects India Enterprise on May 3, 2018, under Section 9 of the Insolvency and Bankruptcy Code, 2016. Prior to the Supreme Court hearing, the parties reached a settlement on May 2, 2018. The Supreme Court took the settlement on record and set aside the NCLT order dated May 3, 2018, using its powers under Article 142 of the Constitution. The appeal was then disposed of.
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The parties settled the…
The National Company Law Tribunal admitted the…
The National Company Law Tribunal (NCLT) admitted an insolvency petition under Section 9 of the Insolvency and Bankruptcy Code, 2016, on May 3, 2018. The parties involved subsequently settled the matter according to the terms of a settlement dated May 2, 2018.
RT Network Solutions Private Limited filed an appeal against Projects India Enterprise. The National Company Law Tribunal (NCLT) admitted an insolvency petition against Projects India Enterprise on May 3, 2018, under Section 9 of the Insolvency and Bankruptcy Code, 2016. Prior to the Supreme Court hearing, the parties reached a settlement on May 2, 2018. The Supreme Court took the settlement on record and set aside the NCLT order dated May 3, 2018, using its powers under Article 142 of the Constitution. The appeal was then disposed of.
The parties settled the…
The National Company Law Tribunal admitted the…