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SKS Power: NCLAT orders status quo on Sarda Energy & Minerals Ltd (SEML) s bid to take over SKS Power Ltd

The National Company Law Appellate Tribunal (NCLAT) has ordered a status quo on Sarda Energy & Minerals Ltd (SEML) s bid to take over SKS Power Ltd responding to the company s plea against a lower court s order which had asked lenders to reconsider their decision to declare SEML as the winning bidder.

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