ANI |
Updated: Oct 30, 2026 14:27 IST
New Delhi [India], October 30 (ANI): The National Company Law Appellate Tribunal (NCLAT) has set aside the insolvency proceedings initiated against Polycab India Limited over an alleged operational debt of Rs 2.78 crore, directing that the company be released from the Corporate Insolvency Resolution Process (CIRP) and allowed to function independently through its board of directors with immediate effect.
A three-member bench headed by Officiating Chairperson Justice Yogesh Khanna, along with Technical Members Barun…