Corporate LawsLaw Report
NCLAT sets aside ETIPL insolvency because Supreme Court lifted the corporate veil, making parallel CIRP incompatible.
The National Company Law Appellate Tribunal (NCLAT) New Delhi, overturned the resolution plan of ₹28.64 Crore filed against Earth Towne Infrastructure Private Limited (ETIPL). The NCLAT held that it is legally…