NCLAT Rejects Excessive Reliefs Sought By Successful Bidder And Upholds NCLT Order [Read Order]
The National Company Law Appellate Tribunal(NCLAT), Principal Bench, New Delhi, dismissed the appeal filed by a successful bidder seeking additional reliefs and concessions beyond those granted by the National Company Law Tribunal (NCLT), Mumbai Bench, in relation to the acquisition of a corporate debtor under liquidation. The appellant, Shanti International, challenged the order passed by…

