NCLAT allows Jindal Stainless to bid for Rathi Super Steel, Legal News, ET LegalWorld – Legal Firms

[ad_1] Appellate tribunal NCLAT has upheld the NCLT order to allow Jindal Stainless to participate in the auction of debt-ridden Rathi Super Steel even after a bidder was selected. The National Company Law Appellate Tribunal (NCLAT) said the NCLT "did not commit any error" as sales were not completed and...

NCLAT allows Jindal Stainless to bid for Rathi Super Steel, Legal News, ET LegalWorld – Legal Firms

[ad_1] Appellate tribunal NCLAT has upheld the NCLT order to allow Jindal Stainless to participate in the auction of debt-ridden Rathi Super Steel even after a bidder was selected. The National Company Law Appellate Tribunal (NCLAT) said the NCLT "did not commit any error" as sales were not completed and...