Patna HC: Disciplinary Authority Cannot Impose Major and Minor Penalties in a Single Order  ||  Calcutta HC: Landlord Decides His Residential Needs; Courts Cannot Set Living Standards in Eviction  ||  Orissa HC: Second Marriage During Subsistence of First Remains Invalid Even After First Wife's Death  ||  Karnataka HC: Appeals Against Acquittal in Bailable Offences Lie Only Before High Court  ||  Supreme Court: Stamp Duty on an Agreement to Sell is Leviable Only if Possession is Transferred  ||  SC: Motive Becomes Irrelevant When Direct Evidence Such as a Dying Declaration is Available  ||  Supreme Court Issues Directions to CoC in Builder Insolvency Cases To Protect Homebuyers’ Interests  ||  MP High Court: Women Retain Reservation Benefits After Marriage if Caste is Recognized in Both States  ||  Allahabad HC: Police Must Prosecute Informants of False Firs, and IOs May Face Contempt if They Fail  ||  MP HP: Over-Age Candidate Cannot Claim Age Relaxation Due to Delay in Earlier Recruitment    

INSOLVENCY - NCLT Allows Fresh Bids for Castex as Liberty Fails to Pay - (19 Mar 2019)

INSOLVENCY

National Company Law Tribunal has allowed fresh bids for Amtek Auto's distressed unit Castex Technologies, with the winning bidder Liberty House failing to pay Rs. 100 crore as the performance bank guarantee for resolution plan.

Tags : NCLT   CASTEX   AMTEK AUTO  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved