DON’T MISS | ‘NCLT order rightly stayed’: Subhash Chandra personal guarantee issue back to the drawing board
Solicitor General Tushar Mehta, appearing on behalf of the lenders, said the NCLAT proceedings can’t be used to make statements for publication in the media.
The tribunal said that Subhash Chandra could raise his grouse before the National Company Law Tribunal (NCLT) where the insolvency proceedings are pending. It further clarified that it is not passing any order on the submission by the media baron’s advocate.
Going ahead, Sasmit Patra questioned the NCLT’s power to constitute a…