Binani withdraws its appeal in the Supreme Court against NCLAT order

Bar & Bench April 13 2018

Binani Industries, the parent company of Binani Cement, withdrew its appeal against an NCLAT order today in the Supreme Court after the court refused to allow out of court settlement for Binani Cement.

Senior Advocate Harish Salve appeared and argued for Binani before a Bench of Justices AK Goel and Rohinton Nariman before he chose to withdraw the appeal.

Salve's argument was that there was nothing in the . . .

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