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

By Economic Times - 7 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.

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