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SC restores NCLT ruling in favour of Dharamshi-Jhunjhunwala consortium in Ricoh India case SECTIONS Share Synopsis The consortium had challenged the ruling of the National Company Law Appellate Tribunal (NCLAT) in the Apex Court that had set aside the NCLT’s ruling in a plea filed by Kotak Investment Advisors, the private equity arm of Kotak Mahindra Bank. Agencies In November 2014, Ricoh India had won a project to digitise 130,000 post offices across the country and the work is still in the installation phase. The Supreme Court on Thursday restored the ruling of the National Company Law Tribunal (NCLT) that approved the resolution plan of a consortium led by investor Kalpraj Dharamshi and Rekha Jhunjhunwala, wife of ace investor Rakesh Jhunjhunwala for the revival of Ricoh India, the largest player in printing and document solution.

Kalpraj dharamshiRakesh jhunjhunwalaJustice krishna murariRekha jhunjhunwalaApex courtNational company law appellate tribunalCoc committee of creditorsWep solutionsNational company law tribunalKotak investment advisors ltdKotak mahindra bankSupreme court onSupreme courtRicoh indiaKotak investment advisorsKotak mahindra