Supreme Court Upholds Conviction as Husband Failed to Explain Wife’s Death in Matrimonial Home  ||  Supreme Court: Crime Scene Re-Enactment Does Not Always Violate Right Against Self-Incrimination  ||  Supreme Court: Cognizance Taken Without Hearing Accused under BNSS Section 223 is Void Ab Initio  ||  Supreme Court Upholds Will in Sister’s Favour, Says Excluding Natural Heirs is Not Suspicious  ||  Delhi HC: Absence of Public Witnesses and Videography in NDPS Recovery Relevant for Bail Decisions  ||  Raj HC Initiates Suo Motu Cognizance Over Severe Water Crisis in Jodhpur, Issues Interim Directions  ||  Del HC: Courts Cannot Direct, Monitor Inquiry Into Police Delay in Investigation After Bail Decision  ||  Supreme Court: After the BNSS, a Pre-Cognizance Hearing is Mandatory in PMLA Cases  ||  SC: Landowners Cannot be Forced to Waive Statutory Compensation to Claim Other Benefits  ||  Supreme Court: Banks are Lenient With Big Borrowers But Strict With Ordinary Loan Applicants    

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  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved