NCLAT stays insolvency proceedings against Bilcare

The appellate tribunal will hear the matter further on December 7. Before the appellate tribunal's order, the Mumbai bench of the National Company Law Tribunal (NCLT) had admitted the company under CIRP on November 11, and had appointed Ashutosh Agarwala as the interim resolution professional (IRP) of the company.

from Banking/Finance-Industry-Economic Times https://ift.tt/wXczmGA