NCLAT upholds insolvency proceedings against Alok Industries subsidiary

NCLAT upholds insolvency proceedings against Alok Industries subsidiary
Published on
2 min read

The Mumbai Bench of NCLT had admitted insolvency proceedings against Alok Infrastructure, a subsidiary of Alok Industries, while Corporate Insolvency Resolution Process (CIRP) against Alok Industries is still underway. In an appeal filed against the said order, the NCLAT has upheld the admission order passed by the NCLT.

Loading content, please wait...
Bar and Bench - Indian Legal news
www.barandbench.com