operational creditor

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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 Upholds Decision: Eastman Auto Dismissed Insolvency Petition

    New Delhi, March 17 The National Company Law Appellate Tribunal (NCLAT) has dismissed an appeal filed against alternative energy firm Eastman Auto & Power in an insolvency case and upheld the order passed by the NCLT.A two-member bench observed that the existence of a dispute with Vave India...
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    Government Challenges NCLT Order Approving Rolta India Resolution Plan

    New Delhi, March 15 The government has challenged the order passed by the NCLT, in which it approved a Rs 900 crore resolution plan by Ashdan Properties for the debt-ridden Rolta India, before the appellate tribunal NCLAT.Challenging the approved resolution plan, the centre said that only Rs...
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