NCLAT reserves order in Jaiprakash Associates' appeal
- Posted on November 4, 2024
- By Business News Today
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NCLAT reserves order in Jaiprakash Associates' appeal
The National Company Law Appellate Tribunal (NCLAT) has reserved its order on Jaiprakash Associates Ltd's (JAL) appeal against the National Company Law Tribunal's (NCLT) order to admit the company into insolvency. JAL argues its debt was restructured, making the default date cited by ICICI Bank invalid.
