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NCLAT Stays Lower Authority’s Order to Liquidate Sterling Biotech - (04 Jun 2019)

COMPANY

National Company Law Appellate Tribunal (NCLAT) has stayed the liquidation order passed by the specific bankruptcy court against Gujarat-based Sterling Biotech. The lower Authority has granted a stay against the liquidation of the firm in two separate petitions filed by its employees and Andhra Bank, a lead consortium lender of the company.

Tags : NCLAT   STERLING BIOTECH  

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