Daiichi Sankyo moves NCLT to stay RHC Holdings proceedings1 min read . Updated: 18 Sep 2018, 03:22 PM IST
A two-member NCLT bench has asked RHC Holdings and HDFC Bank to file a reply over Daiichi Sankyo's move within a week
New Delhi: Japanese pharmaceutical firm Daiichi Sankyo Inc. has moved the National Company Law Tribunal (NCLT) to stay the insolvency proceedings against RHC Holdings Pvt. Ltd initiated by HDFC Bank Ltd. A two-member NCLT bench has asked RHC Holdings and HDFC Bank to file a reply over the move within a week. The tribunal has directed the matter be listed on 4 October for the next hearing.
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