Section

NCLT rejects Vistra ITCL’s plea to include additional claim in Satra Properties insolvency

By Economic Times - 9 months ago
The National Company Law Tribunal dismissed Vistra ITCL's application to include its additional claim in the resolution process of Satra Properties. The dispute revolved around the calculation of interest on non-convertible debentures and the agreement between the parties. The importance of clear agreements in insolvency proceedings was emphasized.

Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.