NCLAT ruling paves way for Hindustan National Glass insolvency resolution | Mint – Mint
Mumbai: The National Company Law Appellate Tribunal (NCLAT) on Wednesday upheld an insolvency tribunal order that had rejected Independent Sugar Corp. Ltds (INSCO) plea against a rival bidder in the resolution process of India’s oldest glass manufacturer Hindustan National Glass. The Kolkata bench of the NCLT will now consider bidder AGI Greenpacs resolution plan for…