The National Company Law Appellate Tribunal (NCLAT) has condoned the delay in filing an insolvency petition against PepsiCo India Holdings, allowing a hearing to proceed. The case involves a dispute over unpaid operational debt and interest.
New Delhi, Mar 3 (PTI) The National Company Law Appellate Tribunal (NCLAT) on Monday condoned the delay over a plea to initiate an insolvency petition filed against food & beverage major PepsiCo India Holdings by one of its operational creditors and directed to list for hearings before a bench.
The Registrar of the appellate tribunal has condoned the delay of six days in re-filing the Memo of Appeal against the orders of the Chandigarh bench of the National Company Law Tribunal, which had rejected SNJ…
