Corporate insolvency: NCLAT dismisses plea against Nuvoco’s Vadraj acquisition; tribunal backs NCLT approval of Rs 1,800 cr resolution plan
The NCLAT has upheld Nuvoco Vistas’ acquisition of Vadraj Cement, dismissing an appeal challenging the resolution plan. The tribunal affirmed the NCLT’s approval of Nuvoco’s ...
Govt weighs more NCLT benches to clear insolvency backlog
The government and IBBI are considering increasing NCLT benches from 63 to 80-85, along with 150-200 special benches for 4-5 years, to tackle the growing ...
