What does recent NCLAT ruling — liquidation of a firm under IBC holds precedence — mean?

In its judgment, the NCLAT set aside an order of Chennai NCLT on the grounds that BHEL’s charge over Surana Power assets were equal to the other 10 financial creditors, and therefore it could not be given precedence.

from Indian Express Explained: Today's News Explained, Latest India News Explained, Facts about Today India and World News | The Indian Express
Read The Rest:indianexpress...

No comments:

Powered by Blogger.