INSOLVENCY - NCLT Sees Violation of Sec 29(A) of IBC in Sterling Biotech Case - 29.03.2019

National Company Law Tribunal (NCLT) in Sterling Biotech case for second time has questioned motive of lenders, led by Andhra Bank to withdraw their bankruptcy application and to choose a one-time settlement with absconding promoters of Sterling Biotech.

Tags : NCLT Sterling Biotech

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