NCLT Allows Extension of Deadline to Evaluate Bidders of Mandhana Industries - 25.06.2018

Mumbai bench of National Company Law Tribunal (NCLT) has allowed Resolution Professional (RP) of Mandhana Industries (MIL) to exclude the time between admission of insolvency petition from the date of uploading an order, which will pave the way for lenders to evaluate bids to acquire the company.

Tags : Insolvency IBC

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