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INSOLVENCY - NCLT Sees Violation of Sec 29(A) of IBC in Sterling Biotech Case - (29 Mar 2019)

INSOLVENCY

National Company Law Tribunal (NCLT) in Sterling Biotech case for second time has questioned motive of lenders, led by Andhra Bank to withdraw their bankruptcy application and to choose a one-time settlement with absconding promoters of Sterling Biotech.

Tags : NCLT   STERLING BIOTECH  

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