Thursday, April 18, 2024

BANKING

NCLAT freed Sporta Technologies from CIRP after rejecting Reward Solutions' petition linked to a ₹7.61 crore default, aligned with Section 10A guidelines under the Insolvency and Bankruptcy Code, 2016. The tribunal overturned NCLT Mumbai's order regarding Dream11 insolvency.

from Banking/Finance-Industry-Economic Times https://ift.tt/GjcpzaJ
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