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SC dismisses plea by art director Nitin Desai s widow against NCLAT order | Mumbai News

The National Company Law Appellate Tribunal had dismissed Nitin Desai’s appeal against an NCLT order initiating the corporate insolvency resolution process against his company. Naina had challenged the NCLAT order.

SC Dismisses Naina Desai s Plea Challenging Order To Initiate Corporate Insolvency Proceedings Against Late Husband s Company

SC Dismisses Naina Desai s Plea Challenging Order To Initiate Corporate Insolvency Proceedings Against Late Husband s Company
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SC dismisses appeal by Nitin Desai s widow against NCLAT order | India News

SC rejects bankruptcy order review plea by Nitin Desai s widow

The Supreme Court has dismissed a petition by Naina Desai, widow of art director Nitin Desai, seeking a review of the National Company Law Appellate Tribunal (NCLAT) order allowing bankruptcy proceedings against their company. This clears the way for recovery proceedings against ND s Art World Pvt Ltd, which owes Edelweiss Asset Reconstruction Co. close to Rs 300 crore.

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