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Operational creditors may get relief

Operational creditors may get relief
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Share Market Highlights 16 January 2023: Sensex sheds 199 pts, Nifty closes below 22,050; Divis Lab, HCL Tech top losers

Share Market Highlights 16 January 2023: Sensex sheds 199 pts, Nifty closes below 22,050; Divis Lab, HCL Tech top losers
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NCLAT dismisses Kesoram s appeal in Birla Tyres insolvency case, ET Auto

Kesoram Industries appeal against the National Company Law Appellate Tribunal s Kolkata ruling rejected its claim of being a financial creditor of Birla Tyres Ltd. The tribunal ruled that Kesoram failed to prove the transaction was a deposit or loan, and therefore, the adjudicating authority did not commit any error in rejecting the appellant s application.

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