Posted inBlog
Neesa Leisure Resolution Plan Faces Appellate Scrutiny Over IBC Compliance
NCLAT reviews Neesa Leisure's resolution plan after NCLT rejected it for non-compliance with IBC, impacting corporate insolvency processes.
Posted inBlog
Insolvency Proceedings Advance as One-Time Settlement Fails Despite Extensions
NCLT admits insolvency proceedings as a One-Time Settlement fails despite extensions, confirming OTS discussions don't halt corporate resolution.