‘Pay up or we go to NCLT’ is proving to be a very credible threat2 min read 26 Dec 2017, 07:44 AM IST
That 44% of the petitions dismissed by NCLT were either settled or withdrawn indicates that operational creditors got their dues back in a large number of cases
It’s been about a year since the National Company Law Tribunal (NCLT) started disposing of applications made under the new Insolvency and Bankruptcy Code. What are the trends that are emerging from NCLT’s decisions?
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