NCLT disposes insolvency plea against Gannon Dunkerley citing settlement talk, Legal News, ET LegalWorld – Legal Firms

The Mumbai bench of the National Company Law Tribunal (NCLT) has disposed of an insolvency petition filed by Canara Bank against Gannon Dunkerley & Co, as lenders are considering a settlement proposal from the construction and engineering firm.The insolvency petition had been filed by Canara Bank, after Gannon Dunkerley defaulted...