Thursday, March 4, 2021

Banks may seek extension of freeze on NCLT proceedings

As part of its Covid relief measures, the government had issued on June 25 a notification to suspend insolvency proceedings by six months. In December, the centre extended the suspension by another three months.

source https://economictimes.indiatimes.com/industry/banking/finance/banking/banks-may-seek-extension-of-freeze-on-nclt-proceedings/articleshow/81342364.cms

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