NCLAT order approving UltraTech’s resolution plan for Binani Cement challenged in SC

    Bar & Bench November 15, 2018

    Yesterday’s National Company Law Appellate Tribunal (NCLAT) order approving Ultratech Cement’s revised resolution plan for debt-ridden Binani Cement has been challenged in the Supreme Court. Advocate Gopal Sankaranarayanan, appearing for Dalmia Bharat’s Rajputana Properties, mentioned the matter today before Chief Justice of India Ranjan Gogoi. The matter was sought to be listed for tomorrow, but Justice Gogoi agreed to list it on Monday. Sankaranarayanan was briefed by Shardul Amarchand Mangaldas Partner Manu Nair. A two-member bench of the NCLAT headed […]

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