Representational Image (IANS) New Delhi: The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, where the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses undergoing insolvency resolution and liquidation process. A two-member NCLAT bench said the National Company Law Tribunal (NCLT) has the…
The appellate tribunal’s decision reinforces the rules for corporate insolvency and clarifies asset control, aiming to smooth asset recovery for creditors by removing potential conflicts with market rules during resolutions. The ruling shows how the IBC is increasingly recognized as the primary law in complex financial distress situations. The National Company Law Appellate Tribunal dismissed…
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New Delhi, Mar 29 (PTI) The National Company Law Appellate Tribunal (NCLAT) has dismissed the appeals filed by BSE, where the leading bourse challenged the power of the NCLT to defreeze the Demat accounts of businesses undergoing insolvency resolution and liquidation process. A two-member NCLAT bench said the National Company Law Tribunal (NCLT) has the…
Whiskey founder Mark Reynier on the sale of his distillery and his hopes to go again Waterford Distillery. The new owners are the Tennessee Distilling Group The founder of Waterford Whiskey, which was acquired out of receivership by a large American bourbon producer, hopes to buy back some of the casks he produced and start a…
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