NCLAT rejects Authum Investment plea challenging resolution of Srei companies

NCLAT rejects Authum Investment plea challenging resolution of Srei companies

MUMBAI : The National Company Law Appellate Tribunal has dismissed an appeal by non-bank financier Authum Investment and Infrastructure challenging a bankruptcy tribunal order that had rejected its objections to a resolution plan for two Srei companies. The National Company Law Tribunal had in August approved a resolution plan submitted by National Asset Reconstruction Co. …

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