The National Company Law Appellate Tribunal has dismissed Authum Investment & Infrastructure's appeal against the takeover of the twin Srei NBFCs by the National Asset Reconstruction Co Ltd (NARCL), clearing all roadblocks for the smooth takeover of the companies. The order is a boost to NARCL, which has been struggling to complete transactions.
from Banking/Finance-Industry-Economic Times https://ift.tt/5DWL82o
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