Thursday, February 27, 2020

NCLAT sets asides insolvency proceedings against Flipkart

NCLAT sets asides insolvency proceedings against Flipkart A three-member bench of the NCLAT released Flipkart from the corporate insolvency resolution process and directed the Interim Resolution Professional (IRP) appointed by NCLT to handover the records and assets of the company back to its promoter immediately.

from Moneycontrol Business News https://ift.tt/3923NW0

No comments:

Post a Comment

FIIs ease bearish bets post-Budget, but charts warn of range-bound Nifty: Anand James

Foreign investors are reducing their negative bets on the market after the Budget. However, the market's overall sentiment remains delic...