NCLT to reconsider insolvency plea, ET LegalWorld
Highlights The Supreme Court upheld the NCLAT’s decision to remand the case back to the NCLT for reconsideration. The NCLAT had previously determined that GTL Limited defaulted on its debt, allowing Canara Bank to initiate insolvency proceedings. The Supreme Court has dismissed GTL Limited’s appeal against the National Company Law Appellate Tribunal’s order, which remanded […]
Supreme Court Orders Chhattisgarh HC to Reconsider Tree Felling Plea in Hasdeo Forest, ET LegalWorld
The Supreme Court has sent a plea back to the Chhattisgarh high court for reconsideration, after setting aside its earlier order, which had dismissed the plea for interim relief to stop felling of trees in the Ghatbarra forest, part of the Parsa East and Kente Basan (PEKB) coal block in Hasdeo Aranya. The area in […]