insolvency petition

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    Insolvency Plea Renewed: NCLAT Directs Re-Examination of Belgotex Case

    New Delhi, April 1 The National Company Law Appellate Tribunal (NCLAT) has overturned an order by the National Company Law Tribunal (NCLT) rejecting Belgotex India's insolvency plea against Puneet India, citing a pre-existing dispute.Allowing Belgotex India's appeal, a two-member NCLAT bench...
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    NCLAT Rejects Reliance Realty's Insolvency Plea Against Altruist

    New Delhi, March 9 The National Company Law Tribunal (NCLAT), the corporate dispute appellate tribunal, has dismissed Reliance Realty's appeal seeking insolvency proceedings against Altruist Customer Management.A three-member bench of the appellate tribunal upheld the order of the National...
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